Our Trusts and Estates Practice Group has a depth and breadth of experience unique to southeastern Connecticut. These attorneys include fellows of the American College of Trust and Estate Counsel, have experience in the field of conservation easements, are founders and a past president of the Community Foundation of Southeastern Connecticut, and are members of the Estate and Tax Planning Council of Eastern Connecticut, Inc. They have substantial knowledge and experience in handling estate planning with retirement benefits assets.
Waller Smith & Palmer’s trusts and estates attorneys take a systematic and comprehensive approach to estate planning, yet are keenly sensitive to the unique needs, dynamics, and wishes of the particular family or individual client. Our attorneys take pride in careful analysis and draftsmanship, yet recognize the importance of economy to the prudent client. Accordingly, we strive for “efficient excellence” in our estate planning and administration practice.
In the area of estate and trust administration, our attorneys have substantial experience handling sophisticated estates and large trusts and counseling Trustees and Executors in discharging their legal obligations. Our attorneys have handled a large number of federal estate tax audits, often successfully reaching settlement or obtaining favorable results on appeal.
The following are examples of some matters our Trusts and Estates Group handles on a regular basis:
Wills: Pour-over, “Cross” and Disclaimer
Trusts: Revocable, Irrevocable, AIB, Credit Shelter, Family, Marital, Funded, Unfunded, Living Minor’s, Real Estate, Retirement Benefits, Testamentary, Crummey, QTIP (qualified terminable interest property), QPRT (qualified personal residence trust), Charitable Lead, Charitable Remainder, ILIT (irrevocable life insurance trust), QDOT (qualified domestic trust), GRAT (grantor retained annuity trust), IDGT (intentionally defective grantor trust) and GST (generation-skipping transfer)
Estates: Domiciliary, Ancillary, Audited, Decedent’s Nontaxable, Taxable, Probate and Non-probate
Representation: Executors, Trustees, Testamentary Trustees, Administrators, Guardians, Conservators and Beneficiaries
Federal and Connecticut Estate, Gift and GST Tax Returns
Estate and Trust Accountings
ERA, 401(K), and Life Insurance Beneficiary Designations
Living Wills, Durable (Springing and Non-Springing), Power of Attorney, Appointments of Health Care Representative, Designations of Conservator and Anatomical Gifts