High Net Worth Estate Planning - Yana Feldman

BSPE Legal Marketing Podcast

From New York Legacy Lawyers by Yana Feldman & Associates PLLC - Navigating the complexities of high net worth estate planning requires careful strategy and foresight, which is essential for anyone looking to safeguard their legacy and ensure their wealth is managed according to their wishes. In the podcast 'High Net Worth Estate Planning', we delve into the intricacies of setting up robust legal structures to protect assets across generations. The discussion includes an in-depth look at trusts and asset protection, key tools that provide not only privacy and control but also help in mitigating potential risks associated with wealth transfer.

The podcast further explores the critical role of estate tax planning, emphasizing strategies to minimize the estate's tax burden. This is particularly vital for residents in high-tax states where the financial impact can be significant. The use of Family Limited Partnerships (FLPs) is also examined, detailing how they serve as effective vehicles for consolidating family assets while offering tax advantages and maintaining control within the family unit.

Business succession planning is another crucial topic covered, highlighting the importance of preparing for the smooth transition of business leadership and ownership. This segment is particularly relevant for family-owned businesses or professional practices, where maintaining the business's value and operations is imperative. The unique challenges and solutions for estate planning for doctors and medical professionals are also addressed, ensuring that personal and professional assets are comprehensively managed.

Lastly, the podcast addresses the needs of international clients, including the considerations and legal challenges faced when dealing with estate planning across multiple jurisdictions. This is essential for ensuring compliance with varying international laws and optimizing the estate for global assets. Whether you're a local entrepreneur, a medical professional, or an international client, 'High Net Worth Estate Planning' offers valuable insights and guidance on protecting your assets and ensuring your legacy endures.
New York Legacy Lawyers by Yana Feldman & Associates PLLC
132 32nd St #301, Brooklyn, NY 11232, United States
[phone]
https://www.google.com/maps?cid=16408561942605909937