Estate Planning, Trusts & Estates
This practice emphasizes estate planning, estate and trust administration, family business entities, and nonprofit corporations, foundations and tax exempt organizations. The attorneys in this practice are listed by Best Lawyers in America 11 times under Trusts & Estates, Tax Law and Nonprofits/Charities Law, helping to earn our firm the top ranking in Arkansas in those categories. In addition to working with individuals and families generally, our attorneys have expertise in dealing with the particular concerns of physicians, executives, and the owners of businesses, farmland and natural resources. We draw upon the strengths of the firm's other tax, real estate, business and litigation practice groups to provide comprehensive services in these areas.
Estate Planning. We help clients achieve their goals for the accumulation, preservation and transfer of wealth from the following legal and tax perspectives:
Estate & Trust Administration. Examples of services involving the administration of trusts and estates include:
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Representation of fiduciaries
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Fiduciary income tax planning
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Estate and gift tax compliance
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Generation skipping transfer tax
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IRS controversies
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Will contests, estate and trust litigation
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Probate proceedings
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Guardianships
Family Businesses. Representative areas concerning the formation, operation and disposition of a client's business interests include:
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Choice of entity
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Family limited partnerships and LLCs
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Subchapter S corporations
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Tax planning for family businesses
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Business succession planning
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Business valuation issues
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Business exit strategies
Nonprofit Corporations & Foundations. Representative matters concerning state law and federal tax law issues of nonprofit corporations and tax exempt organizations include:
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Legal compliance for nonprofit corporations
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Corporate governance issues
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IRS compliance for 501(c)(3) organizations
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Tax planning for philanthropy
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Family foundations and supporting organizations
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Trade associations
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Other tax exempt organizations
Estate Planning, Trusts & Estates Lawyers