Estate Planning

The firm devotes approximately 40% of its time to estate, tax, succession business planning, and probate matters. With respect to estate planning, the firm's practice includes, not only traditional inter vivos or living trusts(which the firm has been drafting for over 25 years), but also more advanced planning such as irrevocable trusts, estate insurance planning, family limited partnerships and limited companies, private foundations, charitable remainder trusts, and retirement plan distribution planning.

Health Care and Professional Organization Business Planning

The firm currently represents an estimated 400 physicians, medical groups (including IPAs and MSOs), dentists, and dental practices (and a few law firms) as well as a wide array of businesses and individuals. Since the 1960's, a major emphasis on the firm's practice has been servicing the needs of its professional clients. The firm has considerable experience in the practice areas of professional organizations (being one of the first firms to form such corporations in the state), buy-sell agreements, tax planning, retirement planning, employment and independent contractors agreements, private placement offerings, HMO, IPA, and MSO contracts, and 'STARK II' physician referral issues.

Qualified Retirement Plans

In the area of retirement planning, the firm is a "volume submitter" with the IRS for about 150 defined contribution plans. Among its achievements, the firm has pioneered "dual purpose" retirement plans which in addition to retirement benefits can provide tax free benefits for certain disabled pension participants, has developed cross-tested plans (which can provide larger allocations to professional employees than standard plans), and has successfully submitted plans to the IRS for review of affiliated service, controlled group, and employee leasing issues.

Business & Tax Planning

With respect to business transactions and tax law in general, the firm has experience in the fields of business entity planning, tax planning, asset sales and purchases, stock sales, redemptions and purchases, real estate leases, equipment leases, loan documentation and secured transactions, private placement offerings, employment contracts, retirement planning, and stock options plans. In the area of entity planning, the firm has formed and dealt with a variety of business organizations from several states including corporations, S-corporations, general partnerships, limited partnerships, and limited liability companies.

Restricted Litigation Practice

The firm has generally elected not to offer litigation services to clients except in the areas of tax and probate law.