Nonprofit Formation and Tax Strategy
Helping You Create a Charitable Legacy While Minimizing Taxes
Benjamin Franklin famously stated, “in this world, nothing is certain except death and taxes.” Our estate planning practice addresses the former. Our tax practice deals with the latter.
Everyone has to pay taxes – but no one is under any obligation to pay more tax than required. To quote the famous Judge Learned Hand, “Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.”
Structuring tax strategies early can save you time, stress, and money. Our Phoenix tax attorneys can help you reach your goals — whether they involve minimizing taxes, planning family gifts, or giving to charity. We utilize advanced and effective tax optimization strategies to ensure your wealth benefits the people and causes you care about most.
Contact us today to schedule a consultation.
HIGH-NET WORTH TAX PLANNING
Your assets, belongings, and earnings can be complex — but finding a tax attorney doesn’t have to be. We’re happy to set up a meeting between you, your financial advisors, and one of our attorneys. This will let us get a complete idea of your financial landscape, so we can create a personalized solution. Our team features specialists in assisting high-net-worth individuals, families with several businesses, and unique personal circumstances.
ADVANCED CHARITABLE PLANNING TECHNIQUES
Our tax attorneys are skilled at structuring tools such as charitable lead annuity trusts (CLATs), charitable remainder annuity trusts (CRATs), and charitable remainder unitrusts (CRUTs). These are powerful tax planning tools for charitably inclined clients, especially when selling a business, property, or liquidating a stock position that would generate sizeable capital gains. If you’re interested in minimizing your tax burdens while supporting a charitable cause, this is a great strategy. We can build one of these trusts for you to generate a large and immediate tax deduction.
COMPREHENSIVE ESTATE TAX STRATEGIES
We have extensive experience drafting documents such as family limited partnerships (FLPs), intentionally defective grantor trusts (IDGTs), and other advanced planning tools that many CPAs and attorneys might not have in their toolbox. We can ensure your family’s planning and well-being is a central part of your tax optimization plan — so that your tax savings and hard-earned wealth can go to your loved ones.