Trusts and Estates

Our members have extensive experience advising clients in all aspects of wealth preservation, business succession planning, charitable giving, tax counsel and controversy work, family and marital law, probate and other legal issues.

Leaders TO BE UPDATED!

Principle

Global Overview

In today’s global investment environment, personal assets and business interests are often held in and subject to the laws of multiple jurisdictions. High-net-worth individuals and families need coordinated legal and wealth-management counsel that can help maximize and preserve assets across generations, limit tax and other liabilities, protect minor children and dependents, and achieve a wide range of short- and long-term financial objectives.

The presence of our member firms in markets worldwide enables us to better address our clients’ local, national and international needs, provide coordinated solutions, and work directly with governmental and taxing authorities at home and abroad. We understand that every client is unique and faces a distinct set of challenges, opportunities and family dynamics. With this in mind, we work closely with our lawyers from across Ally Law member firms to develop flexible, creative and customized estate plans, wealth management services and income tax strategies.

Services

Our member firms counsel clients in the following core areas:
  • Business succession plans
  • Choice of personal representatives, trustees and fiduciaries
  • Choice of guardians for minor dependents and incapacitated individuals
  • Designation of beneficiaries
  • Disability and retirement planning
  • Family partnerships and limited liability companies (LLCs)
  • Life insurance, gift, charitable remainder, multigenerational, revocable living and other trusts
  • Living wills (advance directives) and powers of attorney
  • Representation of beneficiaries and heirs
  • Wills and contracts of inheritance
  • Preparation of estate tax returns and filings
  • Disclaimers, distributions and investments
  • Family office administration
  • Guardianships and conservatorships
  • Interpretation of documents
  • Preparation of annual accounts and reports
  • Probate

 

  • Prenuptial and asset protection agreements
  • Postmarital and domestic partnership agreements
  • Divorce and separation agreements
  • Gift and income tax obligations
  • Life insurance planning
  • Generation-skipping and transfer taxes
  • Coordination of estate plans across multiple jurisdictions
  • Compliance with disclosure of international property and account holdings
  • Use of trusts and foreign legal entities wealth management for international families
  • Application of provisions of international inheritance estate tax treaties
  • Charitable gifts and deductions
  • Formation and maintenance of tax-exempt entities
  • Fundraising and compliance requirements
  • Obtaining IRS determination letters
  • Private foundation counseling
  • Relationships with recipient agencies, individuals and other nonprofit organizations

 

  • Trust and estate litigation
  • Construction
  • Estate and trust settlement disputes
  • Fiduciary duties
  • IRS and taxing authority examinations
  • Trust reformation
  • Will challenges

The Ally Law Advantage

In addition to their years of work as legal advisors, lawyers from across our member firms possess extensive tax and estate planning training and certifications. For example, a number of our US member-firm lawyers are also Certified Public Accountants (CPAs), many of our Australian colleagues are Accredited Specialists in Succession Law, and hundreds of others hold similar credentials in their home countries. Likewise, member-firm lawyers are active members of the American College of Trust and Estate Counsel, the International Academy of Estate and Trust Law, the Society of Trust and Estate Practitioners, and similar organizations, and many have authored treatises, books and articles on estate planning, wealth management and tax issues.

Our Clients

Our member firms represent entrepreneurs, business owners, executives, high-net-worth and ultra-high-net-worth individuals and families, family offices and their philanthropic initiatives. A majority of our clients have financial, business and familial interests in numerous jurisdictions and require legal counsel with experience and resources in multiple countries.

News

Learn more about industry trends, member firm accomplishments, network news and the changing legal or regulatory environment for our clients.

Rankings

Chambers High Net Worth

Chambers High Net Worth covers private wealth management work and related specialisms in key jurisdictions around the world, from professional advisers to wealthy individuals and families in each market.  Click on the firm name to see how they ranked in the most recent guide.

Blum & Grob (Switzerland)

Edwin Coe (UK)

Varnum (USA-Michgan)

WH Partners (Malta)

Vorys (USA-OH)

Fabian Vancott (USA-NV)

Smith Anderson (USA- NC)

Legal 500 UK

The Legal 500 UK edition analyzes the leading law firms and solicitors in the UK. London-based Edwin Coe was highlighted in employment in the most recent guide, including:

Edwin Coe (UK)

Legal 500 EMEA

The Legal 500 EMEA edition analyzes capabilities of law firms in 80 jurisdictions across Europe, Middle East and Africa. M Click on the firm name to see how they ranked in the most recent guide.

WH Partners (Malta)