Estate Planning
Tonkon Torp maintains a sophisticated estate planning practice focused on wealth management and legacy development. We represent clients with a broad range of planning needs and we have great depth of experience in planning for owners of closely-held businesses. Our assistance is customized for each client and family with estate and business succession planning needs. We are skilled at drafting and designing wills and trusts, probating wills, and implementing lifetime gifts and charitable plans.

Our estate planning attorneys develop creative and flexible plans to minimize taxes on the transfer of wealth. We apply up-to-date techniques including the creation of family limited partnerships and limited liability companies, asset protection tools and trusts, grantor trusts, and installment sales and gifts for family members and for charities. We assist personal representatives during the probate of wills, and help trustees in all aspects of trust administration during life and on death. When issues arise, our litigation team handles trust and estate disputes, including will contests.

Many of our high-net worth clients give generously to the community and we help structure these gifts to maximize the tax benefits. Our experience includes the organization and operation of private foundations as well as the establishment and implementation of charitable unitrusts, charitable entities and annuity trusts. Our expertise extends to public and private charitable and tax-exempt organizations, often the beneficiary of our clients' gifts.

Our attorneys structure a variety of wills and specialty trusts for our clients, including:
  • Revocable and irrevocable trusts
  • Testamentary trusts for the benefit of children and grandchildren, including Crummey trusts
  • Trusts for spousal benefits and trusts for second marriage plans
  • Grantor retained and asset protection trusts
  • Charitable trusts
  • Title-holding trusts
  • Estate plans for U.S. citizens with foreign assets and non-citizens living in the U.S.
In addition, we assist clients with trusts with acronyms such as GRATS, CRATS, INGS, CRUTS, IDGTS, and SLATS.
Abby Wool Landon
Practice Area Chair

Abby Wool Landon