Estate & Tax Planning

Ours is an integrated view. It is an approach to estate and tax planning that is comprehensive, comprising an understanding of a client's financial situation, family, goals, values, risk tolerance and more.

Since families are unique, so too are the estate and tax-planning services they seek from us. For some, this might be a straightforward plan involving a will, healthcare proxy, durable power of attorney or revocable trust. For other families, it might require more sophisticated approaches, such as split interest trusts, limited liability companies, private foundations, creditor protection techniques, and more. Over time, needs will ebb and flow.

In addition to flexibility, sound estate planning requires a thorough understanding of many different types of specialized assets. These might include...

  • Partnership interests
  • Valuable works of art and other tangible property
  • Real estate
  • Privately held businesses
  • Investment vehicles
  • Retirement assets, and
  • Intellectual property

Our advisors constantly assess new planning techniques and the ever-changing tax landscape.

Our Clients

Hemenway & Barnes serves a wide range of estate and tax-planning clients. These include young families, professionals, individuals, and family groups.

We often work with multiple generations, especially where there is shared ownership of a valuable asset, such as a family-owned business or real estate. Preserving these assets for future generations involves many complex legal, family and emotional factors, as does the decision to divest assets.

First and foremost, we seek to understand our clients' appetites for risk and complexity for themselves and their family. Our goal is to put a holistic plan in place that aligns with our clients' needs and values.

How can we help you?

Trust & Estate Planning
We take an integrated approach to estate and tax planning starting with an understanding of a client's financial situation, family, goals, values, risk tolerance and more.
Charitable Planning
Our attorneys, philanthropic advisors, and tax professionals help our clients identify goals, create a giving strategy, choose an appropriate giving vehicle, and effectively implement their plan in compliance with state and federal regulations.
Tax Planning & Reporting
Individuals and families, business enterprises and nonprofit organizations rely on Hemenway & Barnes for trusted advice on a host of tax choices and how best to make an informed, tax-advantaged decision from among the many options available.

2023 Personal Tax Planning Update

The new year brings with it new tax-savings opportunities, including opportunities for tax-free gifts and extra time for tax-free growth of assets in retirement accounts. Continue reading to see the larger gift and estate tax figures, as well as this year’s federal income tax brackets. Certain strategies and tips to consider in your tax planning this year are also discussed, including new opportunities created by the passage of the SECURE Act of 2022.

They do both high-end planning and probate litigation. They are very good lawyers.
— Chamber’s 2021 High Net Worth (HNW) Guide

Awards & Rankings

Firm News
Hemenway & Barnes Recognized as a Leading Firm for Private Wealth Law
Firm News
Hemenway & Barnes Named Among the “Best Law Firms” of 2022 by U.S. News - Best Lawyers
Firm News
Hemenway & Barnes Attorneys Named to Best Lawyers in America 2022 List

News & Resources

Firm News
Brad Bedingfield Named “Go To Taxation Lawyer” by Massachusetts Lawyers Weekly
Event
Brad Bedingfield to Speak at 43rd Annual Kansas City Estate Planning Symposium
Firm News
Donna Mizrahi quoted in Massachusetts Lawyers Weekly article “Extrinsic evidence allowed to prove testator’s intent”
How can we help you?
Learn more about how we can help with your tax and estate planning needs.
Contact Us