Trust Planning for Every Purpose
Estate and Gift Taxes • Disabled Dependents • Charitable Legacy
Boelter & Associates can assist in the efficient and private transfer of wealth through establishment of a variety of trusts. Attorney Arthur Boelter's considerable tax planning experience enables clients to preserve a greater share of assets for beneficiaries, even when tax avoidance is not the primary purpose of the trust.
Wealth Transfer and Special Needs Planning
We serve clients in the Seattle and Puget Sound area, statewide Washington and beyond. Call (206) 587-0000.
Minimizing Estate and Inheritance Taxes
Our clients are owners of closely held businesses, family businesses, professionals, executives and other individuals and couples with substantial assets. We have enabled clients with multi-million-dollar portfolios to avoid estate taxes completely through careful advance planning. Arthur Boelter is a former IRS attorney with 35 years of tax law experience.
Based on your assets, goals and circumstances, he can readily advise on the appropriate vehicle to minimize or eliminate taxes on intergenerational transfer of wealth. The QTIP trust, for example, allows estates of $5 million or greater to fully exploit the marital exemption by splitting the assets upon death. Arthur H. Boelter is intimately knowledgeable about the numerous possibilities, such as irrevocable life insurance trusts (ILIT) and, for very large estates, the generation-skipping or "dynasty" trust.
Charitable Giving
Boelter & Associates constructs charitable trusts to accomplish your gifting goals and reduce the estate tax burden. A charitable lead trust donates a portion of the estate to a favorite cause, reducing estate taxes for your heirs. A charitable remainder trust allows you to access assets while alive and leave the rest to the charity upon your death.
Special Needs Trusts
If you are the parent of a minor child with developmental or physical disabilities, or you are the guardian of a vulnerable adult, a special needs trust sets aside funds for their financial needs in the event you precede them in death. Because the assets are held outside your estate, the disabled person can continue to qualify for federal and state assistance such as Social Security and Medicare.
Controlling Assets "From the Grave"
Clients often wish to control the disposition of assets after death. We can attach stipulations to:
- Hold assets until a child reaches a certain age
- Require an heir to meet certain criteria (e.g., a college degree)
- Establish spendthrift provisions to protect the beneficiary's assets from "predators and creditors"
Arthur H. Boelter and his staff can devise a trust to accomplish any goal. Contact us today to discuss our comprehensive estate planning approach.
