Estate Planning

Although no one at Logan Katz is a lawyer or financial planner, we do play a crucial role in creating wills, establishing powers of attorney and getting clients’ affairs in order for their families.

We recommend legal experts and financial planners, and work with these advisors as a team to execute a plan to control and distribute clients’ assets, saving taxes and costs.

If you choose to include Logan Katz in your estate planning, you can be assured of optimum results, including:

  • A will that can save taxes on inheritance income every year.
  • Having an airtight power of attorney and living will.
  • Reducing costs and delays for probate and estate windup.
  • Avoiding family conflicts and family law claims.
  • Organizing your important papers and VIP contact lists.

An effective estate plan will go a long way towards ensuring a smooth transition of your assets to your beneficiaries, while minimizing taxes and costs.

Transition Planning

Early and effective transition planning can make a significant difference in ensuring you obtain the most out of your lifetime commitment to and investment in your family enterprise. Everyone involved needs to understand and agree on a plan.

Issues related to transition planning can be extremely difficult to address with family members, but not nearly as difficult as what can happen if you do not have the discussions you need to have with them. One of the most important issues, for instance, is whether members of the next generation of your family want to take over your business when you retire.

Success is a matter of talking to the appropriate people early on, well before your retirement. Open communication and planning that takes serious aspects of life and ‘what if’s’ into account are the surest ways to achieve the best outcome: Your business survives and even thrives beyond the transition from you to the next generation.

As with estate planning, Logan Katz will manage all necessary services in collaboration with a team of legal experts and financial planners – until the process is complete and you have a plan that reflects the aspirations you have for the future of your family and your business.