At Stabit Advocates, our Tailored Individual Representation practice provides comprehensive legal counsel to both domestic and international clients, addressing a wide array of legal needs. Our niche is the Tailored Individual Representation practice is to offer personalized and strategic legal solutions designed to meet the unique needs of each client.
Our Services:
Estate and Tax Planning: We offer sophisticated strategies for estate and tax planning, ensuring the preservation and efficient transfer of wealth. Our services include drafting wills and trusts, planning for charitable giving, and advising on the implications of local and state tax laws. We help clients navigate the complexities of estate planning, providing personalized advice that aligns with their financial goals and family dynamics.
Business Succession Planning: We assist business owners in developing succession plans that ensure the smooth transition of business ownership and management. This includes structuring buy-sell agreements, advising on family business governance, and planning for the tax-efficient transfer of business interests. Our team works closely with clients to create succession plans that preserve family harmony and ensure business continuity.
Litigated Surrogate’s Court Cases: Our firm represents clients in contested matters before the Surrogate’s Court, including will contests, fiduciary disputes, and other probate litigation. We provide robust advocacy to protect our clients’ interests in these often complex and sensitive cases. Our experienced litigators navigate the nuances of Surrogate’s Court proceedings, striving to achieve favorable outcomes for our clients.
Trust and Estate Administration: We guide fiduciaries through the administration of trusts and estates, ensuring compliance with legal requirements and the efficient distribution of assets. Our services include preparing and filing necessary tax returns, managing estate assets, and resolving any disputes that arise during the administration process. We provide fiduciaries with the support and guidance needed to fulfill their responsibilities effectively.
Lifetime Transfers of Wealth: We advise clients on the strategic transfer of wealth during their lifetime, utilizing techniques such as gifting, grantor retained annuity trusts (GRATs), and family limited partnerships (FLPs) to minimize tax liabilities and achieve their financial goals. Our team provides personalized strategies that align with clients’ long-term financial objectives, ensuring that wealth is transferred efficiently and effectively.
Private Foundations: We assist clients in establishing and managing private foundations, providing guidance on regulatory compliance, governance, and charitable giving strategies to maximize the impact of their philanthropic efforts. Our services include drafting foundation documents, advising on grant-making policies, and ensuring compliance with applicable laws and regulations. We help clients achieve their philanthropic goals while maintaining legal and regulatory compliance.
Additional Expertise:
Tax Controversy: We handle a broad spectrum of tax-related issues for our clients, including representing them in controversies with the RRA, URA, the IRS, and other taxing authorities. Our tax controversy services include negotiating settlements, representing clients in audits and appeals, and litigating tax disputes in local and state courts. We provide robust representation to protect our clients’ interests and achieve favorable outcomes in tax matters.
Client-Centric Approach: We pride ourselves on building long-term relationships with our clients, understanding their unique needs, and providing tailored solutions that drive success. Our attorneys stay abreast of the latest developments in estate and tax law, ensuring that our clients receive timely and relevant advice. We offer ongoing support and strategic guidance, helping clients adapt to changing legal and regulatory landscapes.
By leveraging our deep understanding of estate and tax planning, business succession, and trust and estate administration, we offer unparalleled support to our clients. Our commitment to staying at the forefront of legal developments ensures that our clients can confidently navigate the complexities of their legal needs and achieve their strategic objectives.
For more information, visit our practice areas page.