Cederborg & Bret LLP offers comprehensive, tax-sensitive estate planning services for clients located in the Bay Area.
We utilize advanced estate and tax planning strategies to accomplish the goals and objectives of our clients while minimizing their tax implications. We recognize that every client's situation is unique and we prepare every client's estate planning documents accordingly. Our areas of representation include:
Wills, Living Trusts and Related Documents:
We prepare individually tailored estate planning documents, including wills, revocable living trusts, general durable financial powers of attorney and advance health care directives. We advise our clients on the importance of properly titling assets and funding their trusts, and also offer trust administration services following the death of a trustor.
Advanced Estate Planning:
We have extensive experience in the area of crafting tax-saving gift, estate and income tax strategies, including Generation Skipping Transfer (GST) Trusts, Irrevocable Life Insurance Trusts (ILITs), Qualified Personal Residence Trusts (QPRTs). We also offer comprehensive trust administration services during your lifetime, including preparing and filing any required gift tax returns.
Business Succession Planning:
Our attorneys are frequently brought into the planning process when a family business is being sold or when a family member is retiring from the business and wants to explore business succession planning options. We formulate tax savings strategies for the sale of a business, including Buy/Sell or Stock Purchase Agreements and utilizing advanced planning techniques such as gifts of fractionalized interests, including formation of Family Limited Partnerships and Limited Liability Companies, and sales to Intentionally Defective Grantor Trusts (IDGTs).
If you have charitable inclinations, or if you are contemplating the sale of an asset with a relatively low cost basis, and would like to minimize the capital gains tax consequences of the sale, our attorneys can prepare a Charitable Remainder Trust (CRT), Charitable Lead Trust (CLT) or a Private Foundation. We also counsel clients regarding charitable gifts to Public Charities and Community Foundations.