Wills, Trusts and Estates
 
      For over seventy-five years, the attorneys of Bourne, Noll & Kenyon’s Wills, Trusts and Estates Department have been providing counsel to individuals, families, small business owners, fiduciaries and beneficiaries.  A general description of the services we provide includes:
  • Planning for the effective disposition of family wealth, including the minimization of taxes to meet our clients' objectives, in arrangements ranging from the simple to the complex.
  • Establishing trusts: revocable and living trusts, irrevocable life insurance trusts, qualified personal residence trusts, grantor retained annuity trusts and special needs trusts.
  • Preparation of durable general powers of attorney and living wills and advance health care directives.

  • Probate of wills and representation of individual and corporate fiduciaries as executors, trustees and guardians, and handling all administrative aspects of estates, trusts and guardianships.
  • Assisting our clients to minimize the impact of taxation on their assets; helping them to develop expeditious and cost-effective plans for the disposition of their assets, during lifetime and at death.

  • Developing and implementing individual and family gifting programs to maximize use of the federal gift tax annual exclusion, the federal unified credit amount and applicable valuation discounts including the use of trusts and establishment of family limited partnerships and family limited liability companies.

  • Developing and implementing charitable giving programs including the preparation of charitable trusts and the creation and administration of private family foundations.

  • Planning for small business owners and the disposition of their interests in closely-held entities, including the preparation of stock purchase, buy-sell and other agreements.

  • Preparation of accountings and representation of fiduciaries upon settlement of their accounts.

  • Representing fiduciaries and beneficiaries both defending and prosecuting actions in contested litigation relating to wills, trusts and estates.
  • Actions and proceedings to contest wills, and to construe and reform wills and trusts.

  • Preparation and filing of federal estate, gift and generation-skipping transfer tax returns.  Preparation and filing of New Jersey estate and transfer inheritance tax returns.

  • Preparation and filing of federal and state individual income tax returns and fiduciary returns for estates and trusts.

  • Representation of individuals and fiduciaries before federal and state taxing authorities on audit of selected returns.
      Our department's attorneys include two Fellows of the American College of Trust and Estate Counsel, three with an L.L.M. in Taxation and two who have been designated New Jersey Super Lawyers (Estate Planning/Trusts Practice Area).
"Serving our clients for over 75 years"
 
  
382 Springfield Avenue, Suite 507, P.O. Box 690, Summit, New Jersey  07902-0690
Tel: (908) 277-2200; Fax: (908) 277-6808; email: lawyers@bournenoll.com