Our Process

Learn more about our Estate & Asset Protection Planning process here.

 

Learn more about our Wealth Strategy Planning for Ultra-High Net-Worth Families process here.

 

Wills, Powers of Attorney, and Medical Directives

In an effort to ensure your protection and peace of mind, our attentive team of personnel provides legal instructions regarding your preferences for medical care.  If you or your loved one are ever unable to make decisions for yourself, these advance directives guide the choices for doctors and caregivers in cases of terminal illness, serious injury, coma, and the stages of dementia or near the end of life.

 

By planning ahead, you can get the medical care that you want, avoid any unnecessary suffering, and relieve caregivers of decision-making burdens during moments of crisis or grief. These directives also help reduce confusion or disagreement about the choices you would wish for people to make on your behalf.  Unexpected end-of-life situations can happen at any age, so it's important for adults of all ages to prepare these documents.

 

The Grupp Law Firm provides advance directives in the form of power of attorney (durable power of attorney for health care or a health care proxy) or a living will.  In the former case, our client team works one-on-one with you to name a person of your choosing to make decisions for you when you are otherwise unable to do so.  The person you name may be a spouse, other family member, friend or member of a faith community. You may also choose one or more alternates in case the person you chose is unable to fulfill his or her role.  Choosing a person to act as your health care agent is important even if you have other legal documents regarding your care.  For, not all situations can be anticipated and some situations will require someone to make a judgment about your likely care wishes.

 

In the latter case, the Grupp Law Firm’s attorney will step you through the process of drawing up a living will.  We work with your concerns and priorities to compose a written, legal document that spells out the medical treatments you would and would not want to be used to keep you alive, as well as other judgments such as pain management or organ donation.

 

In determining your wishes, the Firm places your values first.  These arrangements involve your input and our professional expertise and that of our staff to ensure your peace of mind and optimum care.  If you or your loved one are seeking medical directives or advice regarding these, contact the Grupp Law Firm today!

 

Revocable Living Trust Formation

Are you concerned about how your beneficiaries will manage their inheritance when you pass away?  At the Grupp Family Law Firm, we understand from first-hand experience the love and devotion that binds together parents and their children as well as all members of the family circuit.  Therefore, one is often concerned about the one in the bunch who struggles with money management and the bleak prospect of leaving such a one with a large sum of money.  To ensure that you still exert some control over your money, the Grupp Law Firm can help you form a revocable living trust (RLT).  An RLT can be used as a substitute for a will by providing for the distribution of assets upon the grantor's death.  Unlike a will, which comes into play only after you die, the living trust can start benefiting you while you are still alive. Additionally, the trust is revocable in nature, which allows you to make adjustments as befit your personal situation. A plethora of advantages can be gleaned from such an arrangement including the avoidance of probate, its revocable nature, privacy preservation, the elimination of challenges to the estate, the segregation of assets, the assignment of durable power of attorney or guardianship, continuous management, and estate tax minimization. 

 

At the Grupp Law Firm, our team of experts are ready to answer any questions you might have and to start you on your path to peace of mind, if this is determined to be a beneficial option for you.  Contact us today to speak with one of our attorneys or client advisor.

 

Asset Protection

Asset protection planning is proactive legal action that safeguards your assets from future creditors, divorce, lawsuits or judgments.  A series of legal and lawful techniques can deter a lawsuit, provide settlement negotiation power and aid in the prevention of the seizure of your assets in the event of a judgment.

 

In the formation of a protection plan, one creates a complete financial plan taking one’s entire situation into perspective.  The Grupp Law Firm offers a personalized approach to your planning.  Our hand-picked team guides clients through every step of the process, informing and educating them on all of the available options so that confident decisions are made throughout the planning process.

 

To learn more about our services and processes, contact the Grupp Law Firm today!

 

Advanced Estate and Gift Tax Planning

There are many facets to estate planning, but Matthew Grupp, the Managing Attorney of The Grupp Law Firm, brings his extensive experience in representing individuals with substantial net worth, including entrepreneurs, corporate executives, and families with inherited wealth to produce a thorough and beneficial plan for your personal needs.  He and his handpicked team guide clients through a six-step process to assess and procure an efficient plan of action. It is important to remember that there is no one answer to solving the estate tax issue. Proper estate tax planning generally requires a combination of several methods of planning, including life insurance and Advanced Estate Tax Planning.

 

Additionally, it is crucial to be aware that Congress imposes a gift tax on assets you gift to your family while you are living.  At the Grupp Law Firm, we explain to clients what how this pertains to their circumstances and advise them as to how best to deal with this gift tax.

 

Two principles guide advanced estate planning:

  1. Non-Taxable Assets should be distributed to Taxable Beneficiaries and Taxable Assets should be distributed to Taxable Beneficiaries (use slide)
  2. Maximize the use of Non-Taxable Assets.

 

For further inquiry or to speak with a member of our team, contact the Grupp Law Firm today!

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    Estate & Asset Protection Planning
  •  
    Estate & Asset Protection Planning