In gift and estate planning, clients are counseled about the various options for carrying out their objectives, which includes advising them about the tax consequences of each option, assisting them in implementing their decided-upon plans and preparing the requisite legal documents, including wills and many different types of trust agreements (such as those creating revocable or irrevocable insurance trusts, charitable lead or remainder trusts and funded or unfunded living trusts).  In providing Estate Planning, and Wealth Transfer Strategies, Elliott Law Firm provides comprehensive services in all areas of family wealth management. These services include tax-advantaged estate planning, administration of decedents' estates, business succession planning, executive compensation planning, charitable planning, and the fiduciary management of clients' estates and trusts. Clients can include individuals, estates, trusts, charitable foundations, partnerships, LLCs and closely-held corporations. As well as advice to clients concerning state and federal tax savings opportunities, asset protection strategies, and probate laws. Clients' planning goals are maximized by suggesting and implementing techniques which minimize or completely avoid income taxes, gift taxes, estate taxes and generation skipping transfer taxes. This area of practice frequently involves working with each clients' team of advisors, which may include their accountants, financial planners, life insurance professionals, money managers and fiduciaries.