Trusts & Estates

May, Potenza, Baran & Gillespie’s Trusts & Estates Department is primarily responsible for assisting individual clients and families in achieving their wealth transfer and estate planning objectives. Our attorneys provide integrated income and transfer tax advice that takes into account current and projected changes in the tax and state laws affecting our clients’ planning.

We provide a platform to bring our clients personalized legal services to meet their estate planning needs on a cost-effective basis. We employ a team approach with the clients’ other professional advisors to obtain a group consensus as needed. Our trusts and estates attorneys help guide individual clients and families through the many complex legal and business issues that can impact their assets – providing practical legal counsel and peace of mind.

Trusts & Estates Counsel

  • We counsel clients on virtually every aspect of estate planning – to help minimize worry and risk
  • Our attorneys work with clients to evaluate their unique situations including problems with children and difficult divorces and help them achieve their wealth transfer goals
  • We design all necessary documents and structures to maximize tax efficiency and minimize the risk of disputes
  • Our attorneys handle virtually all aspects of estate and trust administration, including the representation of both fiduciaries and beneficiaries in contested probate and trust matters
  • When a dispute becomes unavoidable, clients can depend on our experience in litigation, mediation and other forms of alternative dispute resolution

Our Services

  • Sophisticated estate planning, including preparation of revocable trusts, irrevocable trusts and wills
  • Business succession planning
  • Estate and trust administration, including post-mortem planning
  • Estate and trust litigation (representation of both fiduciaries and beneficiaries)
  • Closely held business law, including formation, maintenance and disposition of corporations, partnerships and LLCs
  • Tax planning and controversies
  • Asset protection planning
  • Pre and post marital agreements
  • Charitable planning, including private foundations and public charities
  • Planning with retirement assets, life insurance and digital assets
  • Structuring gifting programs
  • Transfer tax controversy
  • Guardianship and conservatorship administration
  • International estate planning

Our Clients

  • We assist high income and high net worth individuals and families, including senior corporate executives, owners of privately held businesses, professionals and ranchers and farmers
  • The firm has represented a number of large institutions – including JPMorgan Chase, Morgan Stanley, U.S. Bank Trust, and Northern Trust – in disputes arising out of their fiduciary activities

Estate Planning and Administration

  • We assist our clients in accomplishing tax-efficient wealth transfer consistent with their overall family goals and values, providing personalized guidance for their unique concerns and objectives
  • Our advice takes into account the current and projected changes in the tax and state laws affecting our clients’ planning
  • We counsel clients regarding:
  • Business succession and asset protection across generations
  • Succession planning with life insurance, retirement benefits and digital assets
  • Gift, estate and generation-skipping transfer tax planning
  • Charitable giving and the establishment and operation of private and publicly supported charitable organizations
  • Administration of trusts and estates
  • We represent clients in court in all matters involving contested interests and in IRS administrative proceedings involving the determination or assessment of taxes and questions as to the taxable value of closely held businesses, real estate, artwork and other unique assets

International Estate Planning

  • We offer services to non-U.S. citizens and non-resident alien individuals to assist them in structuring estate and business succession plans that address the unique tax rules applicable to them