We construct strategies for your estate—from foundational estate planning to advanced estate tax and asset protection strategies—so that you can confidently transfer your family’s wealth to those you love. If we can assist your family by serving in one of the following roles, please contact us.
Revocable Living Trust Formation
The foundation of most estate plans is a revocable living trust. A revocable living trust (RLT) can help you distribute your estate and establish your end-of-life wishes. It also may allow you to avoid probate, which is often a time-consuming and expensive process. RLTs provide other benefits, such as health care planning. Our attorneys tailor revocable living trusts to the unique situations associated with each family and its wealth.
Wyoming LLC Formation
Wyoming’s favorable Limited Liability Company (LLC) laws make it an attractive state for creating business entities. If properly structured and maintained, Wyoming LLCs may provide increased privacy and liability protections for business owners. Our attorneys can assist you with the entire business cycle from drafting and filing organizational documents, including articles of organization with the Wyoming Secretary of State and customized operating agreements to ongoing business maintenance such as preparation of annual minutes and memorialization of business activities. We also assist business owners in applying for EINs, Beneficial Ownership Information filings, and wind-up procedures.
Asset Protection Planning
Many professionals whose careers involve a large amount of personal liability worry that they may be sued. Asset protection planning is proactive legal action, which safeguards your assets from unjust loss. For example, loss could occur due to catastrophes, potential creditors, litigants, children’s spouses and potential ex-spouses. The Grupp Law Firm helps you identify and prepare for these situations.
Advanced Estate and Gift Tax Planning
A successful estate plan often requires sophisticated strategies and extensive knowledge of best practices. These strategies minimize your tax burden, protect your assets, and plan for your family and wealth. Our team has decades of experience in these areas. We provide these services for your family to build its multi-generation legacy.
Private Family Trust Companies
Many ultra-high-net-worth families want the asset protection, tax, and estate planning benefits afforded by trusts. However, they are not happy with their options of a corporate or individual trustee. Wyoming is one of a few US jurisdictions that allow a private family trust company (PFTC) to serve as trustee over the family’s trusts. PFTCs permit families to retain significant control over trust administration, policies and procedures, and, ultimately, their family Wealth.
Business Law
At The Grupp Law Firm LLC, we have extensive experience counseling clients on the business lifecycle. We provide our clients with the analysis and knowledge necessary to aid them through each step of the business organization process. Additionally, we design business exit strategies, help clients move towards a successful sale, and assist with estate and tax planning after the sale.
Trustee Advisory Services
You may find yourself a trustee of a revocable living trust and need a trusted attorney to advise you in your duties. In order to ensure that you are properly carrying out your fiduciary duties, we provide trustee advisory services.
If we can assist your family by serving in one of these roles,
Contact The Grupp Law Firm LLC today.