Estate planning is a fundamental means of ensuring that one’s family is financially and legally protected, and that assets will be distributed according to one’s wishes. Mr. Hurley works closely with clients to identify and use the appropriate planning tools and legal strategies to create the best outcome, including:

Wills

Advance planning can eliminate many of the delays and expenses associated with settling an estate. We help clients identify assets, beneficiaries and potential debt and tax obligations, and then propose the appropriate type of will to ensure that their wishes are honored. In the process, we assist clients in choosing personal representatives, trustees, fiduciaries and guardians for minor dependents.

Trusts

Trusts can be an important tool in helping clients to achieve their financial objectives before and after death. The appropriate use of trusts can enable clients to reduce the value of their estates, protect their beneficiaries, minimize estate taxes and avoid probate. Trusts can also help individuals plan for incapacity and hold assets for the benefit of minors or others. We have experience in a broad range of trusts, including revocable living trusts, gift trusts, charitable remainder and charitable lead trusts, education trusts, multi-generational trusts, residence trusts and life insurance trusts.

Life Insurance Planning

Regardless of one’s salary or portfolio size, appropriate life insurance can help assure financial support for one’s family and offer the liquidity necessary to pay estate taxes or other expenses at death. This is particularly true for owners of small businesses who wish to keep the business in the family.

Asset Protection Planning

We work with clients to develop specific, practical strategies to protect their assets while helping ensure that these assets are put to use in a manner consistent with our clients’ financial goals. Through in-depth analyses of personal and financial assets, we review a range of possible scenarios, create strategies to address potential opportunities and threats, develop tactical action plans and work with clients to implement these items.