New Decision Clarifies Rules Regarding Derivative Standing for Creditors in Delaware Court of Chancery
NYS Budget Exempts Hazardous Waste Cleanups from Assessments and Fees
As the preservation, management, and transfer of wealth becomes increasingly specialized, our Individual Clients group brings vast practical experience, proven technical skills, and sharp creative instincts to the highly sensitive and complex issues that confront our clients. We represent U.S. and foreign individuals and their families—as well as the private businesses they own and control, their family offices, their individual and corporate fiduciaries, and their charitable foundations—in connection with all aspects of estate planning and administration.
Our individual clients and their families are highly diverse, ranging from those with estates that have been passed down for multiple generations, to young entrepreneurs with newly-acquired wealth. They include private investors and venture capitalists, highly-compensated executives, real estate developers, and entertainers and sports figures. We tailor our advice to the unique financial and personal circumstances of each client, collaborating, as needed, with our other practice groups. This multidisciplinary approach serves to optimize the firm’s collective expertise in trusts and estates, income and transfer tax planning, charitable gift planning, corporations and partnerships, real estate, securities, employee benefit plans, intellectual property, entertainment, and private and public charitable organizations.
We also work closely with our clients’ other professional advisors—investment advisors, accountants, insurance experts, and local and non-U.S. counsel—as well as with their executors, trustees and other fiduciaries, in the administration of their estates and trusts. Where necessary, we represent fiduciaries and beneficiaries in litigating contested matters relating to the probate of Wills, the administration of estates and trusts (including federal and state tax audits), and settlement of accounts.
In advising our clients, we strive to design estate and business plans that reflect their most personal wishes, while providing the flexibility to respond and adapt to unforeseen circumstances. To this end, we employ sophisticated and innovative techniques to achieve our clients’ objectives, including:
Our attorneys are frequent speakers and authors on the topic of estate planning. Their articles appear in such industry publications as The New York Law Journal, Estates, Gifts and Trusts Journal, Estate Planning, and Trusts & Estates Magazine.