Call for a consultation 860-947-4796 860-947-4796

Estate and Gift Tax Planning

If your estate is large enough to trigger federal and/or Connecticut estate taxes, Ray can help reduce your exposure through prudent, tax-focused planning, including the use of business succession strategies and various wealth transfer techniques. His focus is to minimize the impact of gift taxes, estate taxes and generation-skipping transfer taxes on his clients and their families, working to help each client take full advantage of all applicable tax credits, deductions, exemptions and elections. In doing so, Ray utilizes the full range of techniques and strategies available to each client under the applicable federal and state laws, including, but not limited to:

  • Credit shelter/Bypass trusts
  • Grantor Retained Income Trusts
  • Grantor Retained Annuity Trusts
  • Grantor Retained Unitrusts
  • Intentionally Defective Grantor Trusts
  • Qualified Personal Residence Trusts
  • Irrevocable Life Insurance Trusts
  • Family Limited Partnerships
  • Limited Liability Companies

For many clients, estate and gift tax planning will include the use of one or more of these options, coordinated to work together as part of the overall estate plan. Ray discusses with his clients the pros and cons of the various types of trusts and techniques most appropriate for them given their asset levels and overall goals. By so doing, Ray is able to effectively counsel and assist his clients in establishing tax effective, comprehensive estate plans, while at the same time providing for their just as important non-tax concerns and desires as well.