Trusts and Estates

The attorneys in the Trusts and Estates practice at Potter Anderson & Corroon draw on expertise in tax, property and fiduciary law to assist clients in preserving and transferring wealth.  In the process of developing a plan, our attorneys focus first on the client's objectives and specific concerns, which typically include providing for the family, reducing transfer taxes, ensuring minimal disruption in the transfer of closely-held businesses and protecting assets for minor beneficiaries and others who may have special needs.  The attorneys in the estate planning and estate administration practice counsel clients on the impact of tax laws and the advantages of different strategies, including, the establishment of revocable living trusts, insurance trusts, qualified personal residence trusts, family limited partnerships and generation-skipping trusts.  Our attorneys also assist clients with more sophisticated planning strategies, including charitable lead and charitable remainder trusts and private foundations.  Our attorneys recognize that the services they provide should not be furnished to the exclusion of the client's other advisors, and, as appropriate, coordinate with the client's accountants, financial advisors and bankers in the development and implementation of a comprehensive estate plan.

As part of our service to clients in this area, we represent executors and trustees in the settlement of estates and administration of trusts.  Our attorneys provide advice on post-mortem planning strategies, including the use of qualified disclaimers and renunciations, and assist in the preparation of federal and state estate tax returns and fiduciary income tax returns.

The Trusts and Estates attorneys at Potter Anderson & Corroon also represent clients in a wide variety of litigation matters, including guardianships, will contests, and other probate and trust disputes.