Estate Planning

When a person dies without leaving a will or living trust, State intestate law dictates who receives his or her assets and properties.  Distributions under State law may not bear any relation to the decedent’s wishes.

At Glick Atalla, APLC, we provide knowledgeable legal advice for individuals, couples, and families who live (or maintain significant assets in) California and desire to create an estate plan to provide maximum tax benefits for their families, protect their assets against potential creditors, and avoid lengthy and costly probate court proceedings, among other significant advantages.  A comprehensive estate plan allows individuals to prepare for surprises and plan for the inevitable.  By developing an estate plan, clients can express their wishes clearly, avoid probate, minimize estate taxes, and ensure that their families are protected regardless of what may happen.

We offer our clients a wide range of both individual and marital estate planning tools and features, including:

  • Wills and Will Codicils
  • Revocable Living Trusts
  • Irrevocable Trusts, including Irrevocable Life Insurance Trusts (“ILITs”)
  • Qualified Terminable Interest Property (“QTIP”) or Marital Deduction Trusts
  • Generation Skipping Transfer (“GST”) Trusts
  • Heggstad Petitions
  • Trustees and Fiduciary Responsibility
  • Advanced Health Care Directives
  • Prenuptual Agreements
  • Transmutation Agreements
  • Durable Powers of Attorney
  • HIPAA Documents (under the United States Health Insurance Portability and Accountability Act)
  • Deeds and Assignments
  • Built in conservatorship over assets and properties
  • Provide for guardianship for future care of minor children
  • Incapacity Planning
  • Trust Litigation
Advanced Estate Planning

We represent many affluent clients who own multi-million dollar family businesses and assist them in structuring their estates to obtain optimum capital gains and estate tax advantages.  The national recession has presented an unusual opportunity to take advantage of depressed asset values and low interest rates.  Some of the devises we use in achieving these goals are:

  • Family Partnerships and Limited Liability Companies (“LLCs”)
  • Grantor Retained Annuity Trusts (“GRATs”)
  • Creating Minority Interest Discounts in Real and Personal Property Assets
  • Charitable Remainder, Lead and Annuity Trusts
  • Private Annuities (which do not involve insurance policies)
  • Stock Purchase and Sale Agreements
  • “Buy-Sell” Agreements
  • Structured Gifting to Family Members

For a free consultation regarding estate planning matters and asset protection concerns, contact us today.  From our office in Los Angeles, we serve clients throughout Southern California.

Learn More About:

Benefits of Establishing a Will or Trust

Living Trust Supporting Documents