Estate Planning
At Dakota we are committed to providing highly skilled and individualized estate planning to guide our clients through the different stages of life.
We assist our clients by creating sophisticated yet efficient estate planning strategies, including lifetime and charitable gifting techniques, aimed at estate preservation and transfer of wealth plans, minimizing estate taxes, and avoiding probate.
We advise clients in a wide number of estate planning matters, including:
- Family Irrevocable Trusts
- Grantor Retained Trusts
- Defective Grantor Trusts
- Insurance funded trusts and GST planning
- Qualified and Personal Residence Trusts
- Charitable Remainder Trusts
- Charitable Lead Trusts
- Lifetime gifting and use of strategies above-2025
- Charitable gifting of art, antiques, etc. and lease backs
- Domicile changes and planning
- Family LP, LLC and S-Corporations
- Discounting valuation of closely held business interests
- Installment sale and self-cancelling notes
- Lease backs with defective grantor trusts
No single tool or formula fits every family’s unique circumstances or satisfies each client’s personal needs. Therefore, we work with our clients to prepare customized plans. Through our affiliated law firm, GML Associates, P.C., which has provided estate planning services for over 30 years, our clients can have their documents drafted and will be provided with the legal work necessary to implement their estate plan, including, but not limited to,
the preparation of the following documents:
- Last Wills and Codicils
- Powers of attorney
- Advance Medical Directives (living wills)
- Irrevocable trusts
- Revocable trusts
- Prenuptial Agreements
