There are several advanced estate planning techniques that can be utilized to solve specific problems or meet specific goals for an estate. Typically, these techniques are used for high net worth clients and business owners, but no exclusively so. Advanced estate planning techniques include:
- Family Limited Partnerships
- Intentionally Defective Grantor Trusts
- Standalone Generation Skipping Trusts
- Dynasty Trusts
- Charitable Lead Trusts / Charitable Remainder Trusts
- Installment Sales to Defective Trusts
- Private Family Foundations
- Spousal Lifetime Access Trusts
- Medicaid Asset Protection Trusts
- Domestic Asset Protection Trusts
- Qualified Personal Residence Trusts