Estate planning allows you to preserve your legacy and values, and to transfer your assets according to your wishes. Proper estate planning is very much a collaborative process and involves identifying your values, goals, and vision for your future and that of your loved ones. It involves creating a framework for furthering your values and achieving the goals and vision you have identified. It involves monitoring the plan to ensure that it remains fresh and relevant as your life, circumstances, and the laws change. At Cochran Law Group, we help you design, implement, and optimize all aspects of your estate plan.
Core Estate Planning
The estate planning process brings together the financial and legal components of your estate with the emotional considerations that you want to impart on your beneficiaries. We work with clients having a variety of backgrounds, including those whose wealth is anchored in sophisticated investment portfolios, closely held businesses, real estate holdings, and generational trusts.
- Wills and Revocable Trusts
- Financial Powers of Attorney
- Health Care Directives and Living Wills
- Beneficiary Designations and Asset Titling
For clients who have accumulated significant wealth or who have unique planning concerns, we are able to prepare estate plans that incorporate one or more of the following advanced planning concepts:
- Irrevocable Trusts
- Income Tax Planning
- Gift and Estate Tax Planning
- Generational Wealth Planning
- Privately Held Business Planning
- Charitable Planning
- Asset Protection
- Residence Trusts
- Valuation and gifting
Cochran Law Group supports business owners in all aspects of their operations. We represent a range of private mid-size companies and small closely-held firms, focusing on crafting innovative solutions that produce successful results for our clients. Our business practice complements our wealth and estate planning at all levels, with the goal of providing our clients with the comprehensive, timely, and efficient advice they need to operate their businesses successfully.
Business Formation, Mergers & Acquisitions
Selecting the entity best aligned with the owner’s business plan and personal objectives or taking the existing operations to the next level is a pivotal step in setting the business enterprise up for success. Our attorneys provide strategic legal advice on entity selection, business operations, financing, tax planning, and limiting liability exposure.
Business Succession Planning
For a family business, exiting, selling, or transitioning to the next generation is a once-in-a-lifetime decision. We help our clients negotiate succession plans with co-owners, key employees, and family members.
Contracts & Commercial Leases
Contracts are a vital aspect of any business, regardless of size, adding predictability, profitability and protection. We look after our client’s interests when negotiating, drafting and managing contracts with customers, suppliers and service providers and work in close collaboration with the clients to gain a deep understanding of their business operations, objectives and risks.
Charitable giving is an important value for many of our clients. From creating new organizations to funding major gifts, charitable planning can raise complex issues across a number of legal disciplines including corporate and tax law. Cochran Law Group draws on the extensive experience of our members in these areas to implement the philanthropic goals of our clients and help them build meaningful legacies.