Texas Estate Tax Planning Lawyers
You want to see your children and grandchildren use and enjoy part of your success while you are still alive, but you certainly don't want them burdened with high taxes. What options do you have?
At Kerr, Hendershot & Cannon, we know that protecting your family's success is important to you. For more than 20 years, we have been helping individuals, families and business owners throughout Texas find the right tools for passing assets on to their adult children and grandchildren, while minimizing the tax consequences of significant gifts. Our estate planning lawyers are recognized for our creative, intelligent strategies. We stay abreast of probate tax laws and legal strategies. Our attorneys combine many decades of estate planning and probate experience to give you a formidable team of professionals that understand the laws and what legal and financial instruments are the best options for gift tax planning.
Talk to us about our complete array of gift tax planning tools, including:
- Living trusts
- Charitable trusts
- Testamentary trusts
- Life insurance trusts
- Special needs trusts
- Family limited partnerships
- Business succession planning
Worried About a Beneficiary Burning Through Your Assets?
When you establish a trust to gift estate assets to beneficiaries, you control the terms of distribution, while you are living and after your death. A spendthrift trust is a special kind of blind trust that ensures beneficiaries do not gain control over the assets in the trust or spend down the principle. Your beneficiaries will gain control of the assets only according to your exact specifications, with a trustee assigned the fiduciary responsibility to protect the assets. Talk to us about ways to reduce gift taxes while ensuring the assets in the trust will be available for future generations.
From our offices in Houston and Corpus Christi, we provide estate planning advice and instruments for clients throughout South Texas. Contact us to arrange a consultation with an experienced member of our team today.
