Lindquist & Vennum represents professionals, corporate executives, business owners, and multigenerational families with inherited wealth. Recognizing the integral relationship of the business, investment, financial and familial objectives of our clients, our Trusts and Estates attorneys strive to develop and implement an independent, tax-efficient succession plan consistent with each client’s objectives. Our services include:
- Review, analysis and development of estate plans for high-net-worth individuals, and the preparation of documents necessary to implement such plans
- Administration, distribution and closing of large, complex estates and trusts
- Preparation of federal and state estate tax returns and federal gift-tax returns
- Preparation of federal and state fiduciary income-tax returns for estates and trusts
- Mediation of probate, trust, guardianship, and conservatorship issues
- Defense of estate and gift-tax audits undertaken by the Internal Revenue Service and Minnesota Department of Revenue
- Review, analysis, development and implementation of succession plans for owners of closely held businesses
- Representation of high-net-worth individuals in the negotiation, drafting and execution of both antenuptial and postnuptial agreements
- In association with our litigation group, representation of clients in all phases of controversy related to the efficacy, interpretation and administration of wills and trusts
- Preparation and implementation of complex plans to transfer wealth and minimize attendant estate and gift taxes
- Development of family investment vehicles such as family limited partnerships and limited liability companies
- Development of charitable-contribution vehicles, including family foundations, donor-advised funds and direct gifts
- Representation of clients in creating and operating nonprofit and charitable organizations