Each client brings unique needs and concerns to Morris, Manning & Martin’s Wealth Planning Practice. We develop and implement strategies specially designed for those unique needs based upon each client’s personal, family, and economic circumstances.

Key Services:

• Asset protection
• Estate administration
• Family partnerships
• Fiduciary litigation
• Generation skipping
• Income, estate & gift tax
• Powers of attorney
• Tax planning
• Trusts
• Wills

Perhaps more than any other area of law, wealth planning requires truly personal legal services. Every client is unique. High-net-worth individuals need sophisticated income, estate and gift tax advice. Young couples may need direction in building a college fund or providing for their children in the event of a tragedy. Older clients often seek our guidance on retirement concerns and healthcare needs. Surviving family members seek advice after a loved one’s death. Our Wealth Planning lawyers assess each particular need and craft solutions that are tailored to those needs. Whether implementing a will, structuring trusts, or counseling on gift tax law, we help navigate the most complex estate concerns. We form limited partnerships for the ownership and operation of family businesses and financial assets. We also provide advice in funding charitable gifts, bequests and foundations. We will be there for spouses and children who need assistance regarding a descendant’s estate. Further, if spouses and heirs are named as parties to fiduciary litigation, we will be there to assist as counsel so that they will approach the court with an experienced legal team at their side.

Estate Administration

Morris, Manning & Martin’s Wealth Planning team represents executors, trustees, and administrators in the entire process of the probate of wills and the administration of estates. We advise these representatives of the responsibilities of their appointment and ensure that all assets have been properly transferred, including any issues that might arise, and will do so efficiently as to preserve the assets of the beneficiaries. We have proven experience in managing the legal issues that arise during the administration of an estate. We have helped countless clients with probating wills; protecting and distributing assets; inventorying and managing the assets; identifying taxes, debts and expenses; and preparing all required state and federal estate tax returns, as well as county probate court filings. We can easily provide complete services to the executor and administer the entire estate, or provide advice and/or services as requested and needed by the executor.

Asset Preservation

Many clients worry about protecting and preserving accumulated wealth, as well as taking care of future generations. Therefore, in addition to providing assistance with passing wealth to future generations, we also advise clients how to protect their wealth in today’s litigious society.

Collaborative Process

We work with other professional advisors, including accountants, insurance agents, financial consultants and valuation experts, to ensure a coordinated approach that accomplishes our clients’ objectives. When appropriate, our Wealth Planning lawyers also enlist the support of other practice areas of the firm to structure sales, mergers and acquisitions, gifts, compensation, and other transactions in a manner that minimizes taxes on income, gifts and estates. At Morris, Manning & Martin, wealth planning is about combining your needs with our legal experience and counseling to create a legacy for you and your family.