A well thought-out estate plan is crucial to safeguarding yourself and your loved ones, whether you have a simple or complex estate. Our California-based firm, Jensen Nielsen Vande Pol, can help with any type of trust and provide a qualified attorney who will review with your family and financial situation, ensuring your wishes are respected.
Business and Estate Succession Planning
It's essential for any company, whether large corporations or small family-owned businesses, to have a succession plan. When a key member unexpectedly passes, falls ill, or retires, businesses can incur serious losses, requiring extraordinary efforts to recover assets and find a replacement.
Having a plan in place ensures a smooth and hassle-free transition. With assistance from knowledgeable attorneys, businesses can designate a competent successor to guide the company and family members through the transition, provide reassurance to employees about job security, and establish safeguards to protect the company from loss.
Our firm assists in planning strategies for all estate sizes such as:
- Revocable Trusts
- Wills, Powers of Attorney, Health Care Directives
- GST Exempt Trusts
- Personal Residence Trusts
- Irrevocable Life Insurance Trusts
- Wide range of charitable trusts
- Business entity formation
- Gifting strategies utilizing business assets to minimize property tax reassessment and estate taxes
Our strategy is tailored to each individual client, the nature of their assets, and the applicable tax regulations. Our ultimate goal is to protect the status of current assets, in a manner that is effective, legal, and ethical.