At Momkus LLP, our experienced estate planning attorneys are available to help you create a plan based on your needs and in accordance with your final wishes. We start by assessing your long-term goals so we can employ the tools that will most effectively achieve them; ensuring that the assets within your estate are preserved and smoothly transitioned to your beneficiaries.

Comprehensive Estate Planning Strategies
Estate planning is highly personalized and often involves a complex web of unique family dynamics. A comprehensive plan includes not only making final arrangements for your estate, but also preparing for other potential scenarios such as physical disabilities, long-term care and mental incapacitation. There are many important factors to be considered; such as naming your estate administrator, beneficiaries, someone to manage your affairs should you no longer be able to do so, and someone to look after your minor children (if you have any). Not only do you need to choose the right people in all these areas, you must also structure your affairs in a way that protects as much of your hard-earned assets as possible from estate taxes.
 
Estate Planning Services We Provide Include:

• Wills & Trusts: We will partner with you to structure your  estate plan in a way that will achieve your long-term goals and be as tax-efficient as possible.  
• Powers of Attorney: Granting a trusted person the ability to represent you in a given legal context, be it a single specific transaction or a larger scope of issues, can be a powerful and cost-effective tool for ensuring that your wishes are carried out in the event you cannot act on your own behalf. 
• Tax Planning: Tax planning is a vital part of growing your assets and passing them to the next generation; but without skilled guidance, it is very easy to miss out on valuable tax saving strategies and opportunities. Our attorneys help you employ effective tools to minimize your tax burden and maximize the value of your estate, including: Irrevocable Life Insurance Trusts (“ILITs”), Grantor Retained Annuity Trusts (“GRATs”), Intentionally Defective Grantor Trusts (“IDGTs”), Spousal Lifetime Access Trusts (“SLATs”), Qualified Personal Residence Trusts (“QPRTs”), 2503(c) Trusts, Crummey Trusts, Dynasty Trusts, Family Limited Partnerships (“FLPs”) and discounting strategies.
• Charitable Planning:  We can help our clients attain their charitable intent with the establishment and implementation of private foundations, donor advised funds, Charitable Remainder Trusts (“CRTs) and Charitable Lead Trusts (“CLTs”). 
• Business Succession Planning: Business Succession Planning is a series of strategic and financial decisions about who will take over your business upon retirement, death, or disability. If you are passing the business to a family member, ownership may be transferred through your estate plan. If a third-party sale or sale to a business partner is desired, our estate planning attorneys work with the business services attorneys to implement an operating agreement, shareholder agreement, or buy-sell agreement to ensure a fair and accurate sale price and purchase terms. 

ESTATE PLANNING ATTORNEYS

Michele E. Boveri
​Carrie M. Buddingh
Jason A. Doran
Neil T. Goltermann
Ann C. Matthews
Ronald A. Nyberg
​Mollie H. Thompson