Practice Areas
Estate Planning, Probate & Asset Protection
The ScottHulse PC estate planning, probate, and asset protection practice group advises high and mid-net worth individuals and families on estate planning, living or revocable trusts, irrevocable trusts, wills, transfer taxation, asset protection, charitable giving, and closely held and family business matters. We work with our clients to develop custom and comprehensive wealth preservation strategies that minimize tax burdens and ensure the maximum transfer of wealth to future generations. Our attorneys advise individual and corporate fiduciaries regarding administration and taxation issues affecting trusts, estates, and family-owned businesses.
Our clients rely on our attorneys to provide insight and counsel on the following:
- Probate and Estate and Trust Administration
- Irrevocable Life Insurance Trusts
- Grantor Retained Annuity Trusts
- Grantor Retained Unitrusts
- Charitable Remainder Trusts
- Charitable Lead Trusts
- Children’s Trusts
- Family Limited Partnerships
- Family Limited Liability Companies
- Incapacity and Disability Planning
- United States Estate Tax Returns (Forms 706)
Select Representations:
- Regularly prepare living trusts and related documents for clients to maximize estate tax and generation skipping transfer tax exemptions and to provide creditor protection for children of clients. Living trusts also typically include special needs provisions for the surviving spouse and children that “turn on” only when needed. Clients for this type of planning typically range in net worth from $1.5 million to $10 million.
- Regularly represents the Executor (in Texas) or the Persoanl Representative (in New Mexico) in the probate and administration of descendants’ estates. Also advises Trustees in the administration of trusts.
