High-Net Worth Estate Lawyers in Broomfield
Proactive Estate Planning for High-Net Families
Building a robust estate plan is critical, especially for high-net earners with substantial estates. High-net estates are subject to more complex tax regulations and often require more sophisticated strategies to protect assets from lawsuits, creditors, and tax authorities.
With 40 years of combined probate and estate planning experience, the Jorgensen, Brownell & Pepin, P.C. team has helped countless families implement planning strategies that preserve wealth. Contact us today!
Our Offerings: Customized Estate Solutions
Whether you're just beginning your estate planning journey or are looking to refine it, our team is here to help. We offer comprehensive services, including but not limited to:
Estate Planning: Our team will work closely with you to identify and implement your estate planning goals. Whether you need assistance with drafting wills and trusts, navigating tax regulations, or setting up charitable donations, our strategies will protect your legacy and give you peace of mind.
Avoiding Probate: Probate can be costly, time-consuming, and erode your privacy. Together, we will explore strategies to help you bypass this process—whether it be creating trusts, designating beneficiaries on accounts, utilizing joint ownership with rights of survivorship, or other protective strategies.
Strategic Gifting Plans: Our approach to gift planning allows you to transfer wealth during your lifetime, strategically reducing the size of your estate and the tax liabilities your heirs may have to pay upon your passing. Just as important, it allows you to support the charitable causes that are important to you.
Tax Planning: Navigating through tax issues can be tricky. We know how to help high-net-worth families eliminate unnecessary tax burdens and ensure more wealth goes where it belongs—to beneficiaries, not tax authorities.
Why Colorado Chooses Jorgensen, Brownell & Pepin, P.C.
It’s your life. We simply give you the tools you need to maintain control of it. To ensure you have peace of mind and confidence, our Broomfield attorneys offer:
- 40+ Years of Combined Experience: We’ve built a reputation on competence and compassion. Our track record speaks for itself and we encourage you to see what our satisfied clients say about us.
- Custom Legal Solutions: We don’t believe in one-size-fits-all solutions. You are as unique as your case. We will work with you to create a custom strategy tailored to your needs and goals.
- A Comprehensive Approach: Our team has deep knowledge of all matters related to estate planning. From avoiding probate and setting up a charitable remainder trust to reducing tax liability, we can help.
- Compassionate Guidance: We believe in efficiency, but not at the expense of kindness and compassion. Our team is dedicated to helping clients overcome common legal obstacles with care.
Frequently Asked Questions
How can I minimize estate taxes upon my passing?
Common strategies include setting up trusts, making lifetime gifts, and utilizing tax exemptions. Our lawyers can help by designing a tailored estate plan that incorporates these tools, ensuring your assets are transferred to your heirs with minimal tax liability. They will guide you through the intricacies of tax laws and help implement strategies that align with your financial goals and family situation.
Can establishing a family trust benefit my estate planning objectives?
Yes. It can offer numerous benefits, including tax savings, asset protection, and ensuring that your wealth is managed and distributed according to your wishes. Our lawyers specialize in trust and estate law and can help in setting up the right type of trust for your situation, addressing your specific needs and objectives while optimizing for tax efficiency and control over your assets.
What are effective methods of charitable giving that also provide estate tax benefits?
There are many options, including setting up charitable trusts, donor-advised funds, and direct bequests in your will or living trust. These methods can reduce your taxable estate and provide lasting support to your chosen charities. Our probate lawyers can advise you on the most tax-efficient methods of charitable giving that align with your philanthropic goals and estate planning strategy, ensuring your legacy makes a lasting impact.
How can I ensure my heirs are financially responsible with their inheritance?
Our lawyers can help structure your estate to include trusts that set conditions for inheritance, such as age-based distributions or specific milestones (e.g., graduation, marriage), to encourage financial responsibility. They can also establish incentive trusts that reward certain behaviors or achievements.
What's the best way to handle a family business in my estate plan?
We suggest setting up a succession plan that outlines the future leadership of the business and the transfer of ownership. This may involve setting up buy-sell agreements, transferring shares into trusts, or other strategies tailored to maintain business continuity and minimize tax implications.
What are the advantages of a living trust over a will?
A living trust provides several advantages over a will, including avoiding probate, which can save time and money, maintaining privacy about the estate's distribution, and allowing for more flexible management of your assets if you become incapacitated. Our lawyers can explain these benefits in detail and help determine if a living trust is suitable for your estate planning needs.
Three Decades of Excellence in High Net-Worth Estate Planning
For over 30+ years, the probate team at Jorgensen, Brownell & Pepin, P.C. has helped countless high net-worth families streamline complex estate plans, ensuring they are optimized to minimize unnecessary tax burdens. We understand the nuances of managing and transferring wealth in a way that aligns with your goals and unique family dynamics. Contact us today to get started!
Probate Specialties
Get more information about our probate representation
We’ve Helped Others Like You
Get The Help You Need
Get JBP Legal’s experience on your side. Contact us for questions or a consultation.