Estate Planning for Multigenerational Business

Multigenerational Business
Representation of multigenerational closely-held business in the structuring and implementation of a purchase and sale transaction. The complex transaction, which involved the creation of a series of partnership interests and a trust for family members, enabled us to preserve family wealth and facilitate management succession to subsequent generations. Our estate planning for this client reduced the family's tax liability by hundreds of millions of dollars.
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Richard M. Goldstein

Richard M. Goldstein

Partner, Tax and Estate Planning Group Chair
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Experience
Representation of real estate investors in limited partnership derivative suits. Investors sought millions of dollars in damages, based on the diminution of the value of their investment and lost opportunities.
Experience
Representation of several Florida descendants with estates in excess of $1.6 billion involving complicated income and estate tax issues as well as heirship disputes.
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