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NLRB Readopts 2020 Joint Employer Rule, Sunsets Biden Rule

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<h5 class="wp-block-heading">Family Legacy Planning</h5>

A family’s legacy is built on tailored planning designed to serve multiple generations. We provide advice on planning with trusts and other entities to achieve tax efficient protection asset and management. Legacy planning often starts with gifting of assets and can involve a wide array of techniques and structures. Our lawyers are experienced in all types of gifting vehicles, which often combine trusts with partnerships, limited liability companies, and corporations. We coordinate a client’s lifetime gifting strategies with their estate planning documents to achieve continuity of management and tax savings over several generations.

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<p>A family’s legacy is built on tailored planning designed to serve multiple generations. We provide advice on planning with trusts and other entities to achieve tax efficient protection asset and management. Legacy planning often starts with gifting of assets and can involve a wide array of techniques and structures. Our lawyers are experienced in all types of gifting vehicles, which often combine trusts with partnerships, limited liability companies, and corporations. We coordinate a client’s lifetime gifting strategies with their estate planning documents to achieve continuity of management and tax savings over several generations.</p>

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<h5 class="wp-block-heading">Tax Experience</h5>


Each of our Private Wealth lawyers is a trained tax attorney. We rely on our keen tax understanding in structuring a family’s estate plan to maximize economic benefits for future generations. When it is necessary to deal directly with the Internal Revenue Service or state taxing authorities, our lawyers are experienced in taking the lead role in audits, appeals, and court proceedings. We look for opportunities to work with a client’s accountants and other advisers because we believe the best results are obtained through collaborative efforts.

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In a village of La Mancha, the name of which I have no desire to call to mind, there lived not long since one of those gentlemen that keep a lance in the lance-rack, an old buckler, a lean hack, and a greyhound for coursing.

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<p>Each of our Private Wealth lawyers is a trained tax attorney. We rely on our keen tax understanding in structuring a family’s estate plan to maximize economic benefits for future generations. When it is necessary to deal directly with the Internal Revenue Service or state taxing authorities, our lawyers are experienced in taking the lead role in audits, appeals, and court proceedings. We look for opportunities to work with a client’s accountants and other advisers because we believe the best results are obtained through collaborative efforts.</p>


<h5 class="wp-block-heading">Philanthropy</h5>


In many cases, family legacy planning involves the use of family-controlled charities. We understand the critical importance of philanthropy as a family objective and can arrange gifts that are most tax advantageous. We counsel families on how to use charitable entities to further their values and charitable interests.

<p>In many cases, family legacy planning involves the use of family-controlled charities. We understand the critical importance of philanthropy as a family objective and can arrange gifts that are most tax advantageous. We counsel families on how to use charitable entities to further their values and charitable interests.</p>


<h5 class="wp-block-heading">Counseling Businesses</h5>


Many of BakerHostetler’s largest and most successful clients are family-owned businesses. We understand the importance of carefully drawn corporate governing documents, including buy-sell agreements, transfer restrictions, and voting/non-voting stock, but more importantly we are attuned to the personal dynamics inherent in a family-owned business. Our clients value this combination of legal experience and practical, sensitive counsel.

<p>Many of BakerHostetler’s largest and most successful clients are family-owned businesses. We understand the importance of carefully drawn corporate governing documents, including buy-sell agreements, transfer restrictions, and voting/non-voting stock, but more importantly we are attuned to the personal dynamics inherent in a family-owned business. Our clients value this combination of legal experience and practical, sensitive counsel.</p>


<h5 class="wp-block-heading">Corporate Governance</h5>


One of our strengths is integrating a client’s business ownership with family legacy planning. We work with families and their other advisers to create corporate governance structures and procedures while adhering to family dynamics and objectives. In drafting long-term trusts, we often suggest the use of Family Business Advisers and/or Trust Protectors to vote company stock owned in trust. We understand the importance of providing special protections for a trustee if a trust owns a concentrated position in a family-owned business.

<p>One of our strengths is integrating a client’s business ownership with family legacy planning. We work with families and their other advisers to create corporate governance structures and procedures while adhering to family dynamics and objectives. In drafting long-term trusts, we often suggest the use of Family Business Advisers and/or Trust Protectors to vote company stock owned in trust. We understand the importance of providing special protections for a trustee if a trust owns a concentrated position in a family-owned business.</p>


<h5 class="wp-block-heading">Succession Planning</h5>


The decision whether to transfer ownership and/or control of a family business to the next generation is one of the most important, but often most challenging, decisions facing a senior generation business owner. Our team has guided many companies through this process and often utilizes sophisticated techniques to achieve maximum tax benefits. Clients especially appreciate our quantitative analysis, which assists in choosing among the best approach available to transfer value.

<p>The decision whether to transfer ownership and/or control of a family business to the next generation is one of the most important, but often most challenging, decisions facing a senior generation business owner. Our team has guided many companies through this process and often utilizes sophisticated techniques to achieve maximum tax benefits. Clients especially appreciate our quantitative analysis, which assists in choosing among the best approach available to transfer value.</p>

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<section class="wp-block-contentpilot-expand-more"><div class="wp-block-contentpilot-expand-more__excerpt is-visible" data-selector="expand-more"><p></p></div><div class="wp-block-contentpilot-expand-more__full-content" data-selector="expand-more"><h5 class="wp-block-heading">Tax Experience</h5><p>Each of our Private Wealth lawyers is a trained tax attorney. We rely on our keen tax understanding in structuring a family’s estate plan to maximize economic benefits for future generations. When it is necessary to deal directly with the Internal Revenue Service or state taxing authorities, our lawyers are experienced in taking the lead role in audits, appeals, and court proceedings. We look for opportunities to work with a client’s accountants and other advisers because we believe the best results are obtained through collaborative efforts.</p><h5 class="wp-block-heading">Philanthropy</h5><p>In many cases, family legacy planning involves the use of family-controlled charities. We understand the critical importance of philanthropy as a family objective and can arrange gifts that are most tax advantageous. We counsel families on how to use charitable entities to further their values and charitable interests.</p><h5 class="wp-block-heading">Counseling Businesses</h5><p>Many of BakerHostetler’s largest and most successful clients are family-owned businesses. We understand the importance of carefully drawn corporate governing documents, including buy-sell agreements, transfer restrictions, and voting/non-voting stock, but more importantly we are attuned to the personal dynamics inherent in a family-owned business. Our clients value this combination of legal experience and practical, sensitive counsel.</p><h5 class="wp-block-heading">Corporate Governance</h5><p>One of our strengths is integrating a client’s business ownership with family legacy planning. We work with families and their other advisers to create corporate governance structures and procedures while adhering to family dynamics and objectives. In drafting long-term trusts, we often suggest the use of Family Business Advisers and/or Trust Protectors to vote company stock owned in trust. We understand the importance of providing special protections for a trustee if a trust owns a concentrated position in a family-owned business.</p><h5 class="wp-block-heading">Succession Planning</h5><p>The decision whether to transfer ownership and/or control of a family business to the next generation is one of the most important, but often most challenging, decisions facing a senior generation business owner. Our team has guided many companies through this process and often utilizes sophisticated techniques to achieve maximum tax benefits. Clients especially appreciate our quantitative analysis, which assists in choosing among the best approach available to transfer value.</p><p></p></div><button class="wp-block-contentpilot-expand-more__more-button is-visible" data-selector="expand-more">View More</button><button class="wp-block-contentpilot-expand-more__less-button" data-selector="expand-more">View Less</button></section>

The Legacy Journey…Our Team Philosophy.  What Makes Us Unique.

<ul>
<li>Chambers HNW
<ul>
<li>Private Wealth Law – Colorado (2016 to 2023)</li>
<li>Family/Matrimonial: High Net Worth – Ohio (2021 to 2023)</li>
<li>Private Wealth Law – Ohio (2016 to 2023)</li>
<li>Private Wealth Law – Washington, D.C. (2019 to 2023)</li>
</ul>
</li>
<li>U.S. News – Best Lawyers “Best Law Firms” – National Rankings
<ul>
<li>Trusts & Estates (2012 to 2025)</li>
</ul>
</li>
</ul>


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