Wealth and Succession Planning
 

The backbone of our legal services starts with a clients’ estate plan. This is the foundation for how a client will transfer the net worth they have built during their lifetime. As such, we take the time to ensure that our clients understand what their estate planning documents are meant to accomplish. Further, we are careful to flesh out our client’s testamentary intent through detailed conversations. While we won’t insert our beliefs and opinions into the process, we certainly can offer insight and suggestions for our clients based upon our wealth of experience in addressing these matters.  

We not only handle the basics of drafting Wills, Trusts and Powers of Attorney, but, when the clients’ needs merit the same, we are proficient in addressing asset protection planning, estate tax minimization strategies, and income tax analysis. For some clients, all they need is help with avoiding probate upon their passing, while other clients are looking to shelter and transfer inter-generational wealth responsibly and in a well-planned fashion. We have the experience and possess the tools necessary to address our clients’ needs regardless of the level of complexity.

Losing a loved one can be one of the most difficult times in our clients’ lives. It is then when Renner Law’s processes and approach to legal services shine. We represent executors, administrators and trustees through the probate and trust administration processes in a full-service fashion that brings comfort to the representatives but also the entire family.

At the outset of the administration, we will effectively communicate the process for the administration and outline the steps in the process. By setting forth expectations as to what must be accomplished and the projected time frame for achieving the same, our clients have an understanding and expectation for how the administration will proceed.

Sometimes an estate or trust administration can involve litigation between family members or those taking under the Will and/or Trust. We are proficient in handling contested estates both in the arena of probate as well as trust administration. We counsel executors and trustees through the contested estate process, but also work with heirs and/or beneficiaries to ensure that their rights are protected during the administration process.

We take cues from our clients as to the level of involvement they require in the administration process. For some, that means our involvements is merely consultation and advice, while, for others, Renner Law handles the vast majority of the overall administration.

Because we not only are proficient in estate planning but also handling tax matters, we don’t have to farm out services. If an estate tax return is required or if the estate or trust must file income tax returns, Renner Law will handle those matters. We have a complete and total understanding for the administration process, and our comprehensive services give our clients confidence that administration will be handled professionally and in a timely and efficient manner.

Tax considerations are inter-woven into our clients’ estate planning and impact the succession of our clients’ net worth. We counsel our clients on the impact of income, gift, estate, and GST taxes, and we handle the preparation of individual income tax returns, gift tax returns, trust and estate income tax returns, as well as estate and generation skipping-transfer tax returns.  

We don’t believe an estate planning attorney worth their salt can adequately represent a client without having a full and complete understanding of the tax implications of the plan. This is why we are focused on being able to provide these tax services in conjunction with estate planning services.

Many of our clients overall net worth was built through a family-owned business. We provide a wide range of services to support our clients’ corporate needs.

We work with our clients who are starting a new business or forming corporate entities for planning purposes. In this regard, we work with our clients in selecting the correct corporate structure, designing the corporate organizational documents, and advising our clients in formational considerations such as licensing, insurance, and business succession planning.

We handle corporate transactional needs of our clients. Whether that is negotiating a commercial lease, preparing employment contracts, or reviewing contracts with vendors or suppliers, we have the expertise and experience to handle a wide array of issues.

We also work closely with our clients as to mergers and acquisitions of their corporate interests. We have handled asset purchase agreements, stock purchase agreements, and complex mergers. We work with our clients to preserve and protect their corporate and individual interests through this process.  We know that selling a business that our client has spent a lifetime building can be very challenging on multiple levels. Our expertise and experience in this area can help bring our clients peace of mind in an otherwise stressful situation.

As with family-owned businesses, many of our clients may have built their overall net worth through real estate or they just need assistance with the titling or succession of their real estate interests. We handle real estate sales and acquisitions, leasing matters, and corporate structures for real estate investment interests. Regardless of our clients needs with regard to real estate, we can offer services necessary to meet their needs and complement their overall estate plan.