A Mesa Tax Lawyer Serving Your Estate Tax Planning Needs

How can a tax attorney preserve your estate?

There are a number of means a tax lawyer can employ to protect your estate from tax liability. Some of those methods include:

• Living trusts: These types of trusts are created while you are still alive to help avoid probate and manage your assets.
• AB trusts: For married couples with extensive assets, this type of trust can significantly reduce your federal estate tax.
• Wealth replacement: A wealth replacement trust or irrevocable life insurance trust (ILIT) uses funding from life insurance policies or proceeds to minimize estate taxes and provide liquid funds for your estate to pay off taxes and debts.
• Gifting strategies: A variety of gifting strategies, such as charitable gifting, gifting to family entities and generation-skipping trusts, can be used to reduce your estate's tax liability.

These are just a few of the tax planning techniques a tax attorney from our Mesa law firm can employ to help shield your assets from tax liability.

Let Brown & Jensen help you come up with a plan for your future

Our law firm will work with you to create a comprehensive tax plan that incorporates all of your assets and preserves as much of your estate as possible. Our tax attorneys think creatively and work diligently, using every means available to secure your legacy while remaining in full compliance with state and federal laws.

Make sure your legacy is prepared to withstand taxes. Contact us today for a consultation.