You’ve worked hard to build your wealth or grow your business, but tax and asset planning may not have been at the top of your to-do list.
Effective tax and estate planning is essential to preserving the value of your assets. Navigating this process without professional guidance can lead to costly mistakes and legal challenges, particularly when it comes to tax strategies.
Don’t let tax concerns take up your valuable time. At Burrey Law Groups, our experienced tax and asset planning attorneys can help you protect your wealth and ensure your assets are safeguarded from unnecessary taxes. Contact us today to discuss your legal rights and explore strategies to secure your financial future.
Personal Tax and Asset Planning
Our experienced tax and asset planning attorneys are dedicated to helping you safeguard your wealth and protect your family’s financial future. We utilize a range of strategic tools, including:
- Estate Plans
While many people focus solely on ensuring their loved ones are provided for, estate planning should also incorporate tax-saving strategies. Without proper planning, your assets may be subject to unnecessary tax burdens after your passing. A well-structured estate plan can minimize taxes, allowing your family to retain more of the wealth you’ve worked hard to build. - Trusts
Trusts are valuable tools for reducing tax liabilities and streamlining the transfer of assets. A properly designed trust can help avoid excessive taxation while ensuring your assets pass smoothly to your heirs. However, trusts must be carefully structured to achieve your financial goals while maintaining legal protections. Our attorneys can help craft a trust that meets your specific needs without compromising your rights or interests. - Charitable Giving
Supporting the causes that matter to you can also provide tax advantages. Our team can assist in structuring charitable giving strategies, such as charitable trusts or charitable remainder trusts, to maximize both your philanthropic impact and financial benefits. Thoughtful planning allows you to enjoy your wealth during your lifetime while ensuring tax-efficient charitable contributions after your passing. - Large Financial Transactions
Significant financial transactions can lead to substantial tax liabilities if not handled strategically. Our attorneys can help structure these transactions in a way that minimizes your tax exposure, preserving more of your assets for the future. - Real Estate Transactions
Transferring real estate—whether to a trust or a family member—can have major tax implications. With proper tax planning, you can reduce potential liabilities and maintain the value of your property. Our team can guide you through real estate transactions to ensure tax-efficient outcomes.
At Burrey Law Groups, we are committed to developing personalized strategies to protect your wealth. Contact us today to discuss how we can help secure your financial future.
Business Tax and Asset Planning
At Business Estate & Tax Attorneys, P.C., our tax planning lawyers can ensure that your business has implemented wise and effective tax strategies to reduce tax liabilities while also maintaining compliance with tax codes at every stage in the life of your business, including:
- Starting a Business – Business tax planning should begin at the time you start your business. Choosing and structuring your entity type can have significant ramifications on your business’s tax exposure.
- Capital Investments – Your business can reduce tax burden by making strategic capital investments. Those investments can not only save taxes but they can ensure that your business has the resources it needs to thrive and grow in the future.
- Liquidating Assets – If your business is holding onto unproductive inventory or equipment, your business may be costing itself significant sums of money. Liquidating assets can help reduce your business’s costs, provide added income and/or allow you to take advantage of tax write-offs or reductions of tax liabilities through charitable giving.
- Mergers – Merging two businesses requires extensive tax planning to avoid significant tax burdens that can arise from the transaction. Without effective planning, the newly merged businesses may never realize the financial benefits that the merger was envisioned to provide.
- Acquisitions – Careful tax planning and structuring of an acquisition can help reduce tax liabilities for both the acquiring company and for the owners of the company being purchased.
- Foreign Operations – When your company is operating in multiple national jurisdictions, you may be able to take advantage of specific national tax and business laws to realize significant savings.
How an California Tax and Asset Planning Attorney Can Help
If you have questions about how personal or business transactions might affect your tax burdens or the value of your assets, a tax and asset planning lawyer can help you by:
- Becoming familiar with you and your business before issues arise, especially for high-net-worth individuals or individuals with both personal and business assets that need to be considered.
- Monitoring developments and changes to laws and regulations to provide you with the most recent business and tax guidance, interpretations and up-to-date planning strategies.
- Developing strategic tax plans that help you preserve the value of your assets and your business, in the present and in the future.
- Walking you through the various planning strategies available to you including trusts and other estate planning tools, charitable giving and business entity structuring.
Schedule a consultation with a Business Estate & Tax Attorneys, P.C., tax and asset planning lawyer in San Francisco & Orinda today to learn more about your legal rights and options to achieve the best possible results for you and your business.
