TRUST & ESTATES | My Site 2

TRUSTS & ESTATES

Nemchek & Poeschl understands that everyone is concerned with adequately providing for themselves and their families during their lifetimes and insuring that, upon their deaths, their legacies are preserved and their preferences achieved.

We provide our clients with legal services in the following areas in an effort to insure their wishes and goals are met:

Estate Planning:

Through in-person and in-home meetings, we devise custom estate planning strategies ranging from basic to sophisticated
Ensure that our clients’ legacies pass to the next generation in a tax-efficient manner
That wishes and expectations are carried out with minimum of disruption to the lives of their families

We prepare wills, trusts, business entities and charity vehicles that name the fiduciaries responsible for managing their property and the beneficiaries who will receive it.

Assist clients in putting together powers of attorney, health care directives and living wills

We tailor our planning services to meet the specific needs of our clients; giving them the comfort and security of knowing that should tragedy strike, their loved ones will be provided for.

Gift Planning:
At Nemchek & Poeschl, as part of our comprehensive approach to estate planning, we:

Frequently advise clients on the need to make lifetime gifts to family, friends, loved ones and charities.

Use such strategies as annual exclusion giving, transfers to grantor retained annuity trusts (GRATs), qualified personal residence trusts (QPRTs), defective grantor trusts, gifting trusts, dynasty trusts, supplemental needs trusts, and limited liability companies and partnerships to maximize the tax-efficiency of our client’s gifting while maintaining consistency with their estate plans.

Assist clients in preparing and filing any federal or Connecticut gift tax returns that may be required.

BUSINESS SUCCESSION PLANNING

Owners of closely-held businesses and private family investment partnerships have unique needs.

In operating their businesses

Transitioning their ownership interests to the next generation

Requiring tax efficient transfer strategies

Comprehensive and customized estate plans

At Nemchek & Poeschl, we seek to preserve not only the assets but the core values that have gone into the creation and development of our clients’ businesses.

Assist clients with organizing and restructuring their businesses and assets to help with business succession plans

Create plans involving gifting strategies, buy-sell agreements and life insurance

Work closely with other family advisors to comprehensively address a client's concerns and needs.

DISABILITY PLANNING & ELDER LAW

Personal independence and financial security are of paramount concern to people facing a choice with their long-term care and for children and adults with special needs and disabilities. Navigating the legal intricacies of conservatorships, commitments, guardianships, special needs trusts, social security disability and Medicaid qualifications can be daunting.

We provide effective assistance to help our clients achieve their goals.

We can help prepare and implement special needs trusts that are fully integrated into the client’s estate plan, allowing for the support of a disabled family member.

Our attorneys can assist people who are seriously injured and receive a personal injury or malpractice settlement with creating a trust to hold and protect the funds while still qualifying for Social Security Disability, Medicaid, Supplemental Security Income and other benefits.

Our attorneys develop and draft appropriate trusts and, if requested, assist in trust administration and probate court proceedings.

Providing care and housing for a disabled family member or friend is difficult. But there is also the complexity of managing the person’s assets. The professionals at Nemchek & Poeschl are well positioned to assist fiduciaries with all aspects of conservator administration, from the application process in the probate courts to the day-to-day management of their assets to providing the accounting the probate courts demand.