Big firm sophistication. Small firm focus.

Trusts and Estates

Our business clients are seldom just businesses – they are people, families, whose ultimate motivators often have as much to do with love, duty, and gratitude as with profit and loss.  They are justly proud of their success, but the ability to provide for their spouses, children, and grandchildren – as well as the causes and institutions they support – anchors their pride. Kleinbard’s growing Trusts and Estates Group is dedicated to providing our clients with practical advice that is customized to meet their specific goals, family circumstances, and needs in a cost-efficient manner.  Our team has a wide-range of experience in representing clients at all levels of wealth and with varying family complexities.  We pride ourselves on being counselors to our clients and take a holistic and creative approach to estate planning, by analyzing the client’s individual, family and business needs to develop a comprehensive estate plan that preserves, protects, and grows wealth and minimizes tax consequences on asset transfers. We handle both simple and complex estate and trust administrations with a compassionate approach and offer creative cost-saving solutions. We advise executors, personal representatives, and trustees on all phases of administration for both estates and trusts, including required or permissible distributions, tax matters, fiduciary duties, accountings to beneficiaries, and many other aspects of fiduciary law.  

Administering Estates with Digital Assets

Trusts and Estates

Technology has advanced at a dizzying pace over the last ten years, and these developments have resulted in our physical realties becoming increasingly intertwined with our online presence.  Most people have more digital assets and online accounts than they realize.  Administering estates with digital assets can be a complicated process that requires analyzing and navigating the interplay among various laws, provisions in estate planning documents, and Terms of Service Agreements.  Safeguarding a decedent’s digital identity is also a paramount consideration during the estate administration process in order to curtail identify theft and other cybercrimes.  Hiring counsel that is experienced with planning and administering digital assets is important to preserve and protect digital assets that are capable of being accessed and transferred.

Experience

We assist clients in estate administrations that involve digital assets.  Our experience includes:

  • Locating and inventorying digital assets;
  • Analyzing if the decedent’s digital assets are capable of being accessed or transferred;
  • Accessing and marshaling digital assets;
  • Assisting in obtaining values for digital assets;
  • Safeguarding the decedent’s digital identity;
  • Advising on the tax consequences of digital assets; and
  • Distributing or deleting digital assets and information

Trusts and Estates

Our business clients are seldom just businesses – they are people, families, whose ultimate motivators often have as much to do with love, duty, and gratitude as with profit and loss.  They are justly proud of their success, but the ability to provide for their spouses, children, and grandchildren – as well as the causes and institutions they support – anchors their pride. Kleinbard’s growing Trusts and Estates Group is dedicated to providing our clients with practical advice that is customized to meet their specific goals, family circumstances, and needs in a cost-efficient manner.  Our team has a wide-range of experience in representing clients at all levels of wealth and with varying family complexities.  We pride ourselves on being counselors to our clients and take a holistic and creative approach to estate planning, by analyzing the client’s individual, family and business needs to develop a comprehensive estate plan that preserves, protects, and grows wealth and minimizes tax consequences on asset transfers. We handle both simple and complex estate and trust administrations with a compassionate approach and offer creative cost-saving solutions. We advise executors, personal representatives, and trustees on all phases of administration for both estates and trusts, including required or permissible distributions, tax matters, fiduciary duties, accountings to beneficiaries, and many other aspects of fiduciary law.