In this third and final part of our series on the new federal tax law, we look at estate planning opportunities. Each strategy involves making gifts to family members, either outright or in trust, but those can raise concerns for the donor.
Part 3 discusses a number of strategies that address these concerns and that may benefit taxpayers regardless of their net worth.
Based in Boston, Hemenway & Barnes LLP has served for 150 years as trusted counsel to the region’s high net worth families, businesses, and nonprofit organizations. The firm is uniquely designed as a home for legal and financial expertise, with a focus on providing each client with services that are specifically tailored and results-oriented. Areas of expertise include estate planning, litigation, corporate work, and real estate. Its affiliate, Hemenway Trust Company LLC, is a New Hampshire based, private trust company offering a full range of wealth advisory and management services.
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