Private Client

Falcon, Rappaport & Berkman LLP (FRB) focuses its Private Client representation on the following areas of concentration.

Estate Planning

As families and their legal issues become more complicated, having a group of FRB advisors with a focus on tougher cases can make an enormous difference.  Even matters that seem simple on the surface may significantly benefit from the advice of a firm such as FRB.  Estate planning is often fraught with difficult and emotional decisions, and FRB’s analysis of sensitive situations from an interdisciplinary perspective can often make the difference between a merely adequate answer and a great one.  Whether you’re going through the process for the first time or searching for ways to navigate the estate and gift tax for family wealth preservation, FRB is here to guide you and your loved ones to the right solution.

Asset Protection

FRB understands that America is a notoriously litigious society.  As the country’s law schools mint droves of new lawyers each year, plaintiffs have more choices than ever when seeking counsel to represent them in matters of divorce, commercial disputes, personal injury, and professional malpractice.  This means your hard-earned wealth is at significant risk of exposure from the outcome of litigation, and at worst, a large judgement against you can drain all of your wealth and ruin your family’s future prospects.

FRB’s collective experience in the areas of corporate law and trust law allows the firm to set up the legal structures necessary to achieve optimal asset protection from unwarranted claims.  The best way to assure a successful outcome is to understand both yourself and your adversary.  Our collaboration with our Commercial Litigation practice gives us a broader perspective other firms lack.

Fortunately, there’s a way to shield your nest egg from the creditors and predators primed to try and seize a share – or the whole thing – for themselves.  With the right planning, you can set up mechanisms allowed under the legal system to leave your assets beyond the reach of the attorneys representing parties who make claims against you.  Collective expertise at FRB, in the areas of corporate law and trust law, allows FRB to set up the legal structures necessary to achieve the right protection, but the real difference is FRB’s experience pursuing the rights of creditors and plaintiffs.

Estate & Trust Administration

Losing a loved one is an emotional and difficult experience for everyone involved.  At FRB, we feel strongly about ensuring that you understand the process of administering the estate of the recently deceased. The representative of the estate is responsible for carrying out your loved one’s wishes. This includes dealing with various legal and financial matters and navigating the New York State Surrogate’s Court system.

As experienced estate administration attorneys, FRB can guide you through the process from start to finish. The estate administration is led by an executor (named in a will) or an administrator (in the case of intestacy). Hiring FRB to assist you as your estate administration attorneys will ensure that your loved one’s estate is properly guided, and their wishes are respected.

Estate Litigation

The emotional nature of death frequently leads to disputes among otherwise amicable families.  FRB has extensive experience navigating the complexities of contested estate matters, including will contests, fiduciary removal proceedings, contested accountings and creditors’ claims.

Family Business Planning & Succession

The closely held business is truly the backbone of America.  But without the right legal guidance, family enterprises often disappear by the time the second or third generation takes the reins.  In this sense, having the right law firm to advise you and your family about how to navigate the corporate governance, tax, estate planning, and retirement funding aspects of a business succession plan can literally mean the difference between life and death.  The attorneys at FRB not only understand the technical aspects of contingency and transition planning for a company, but also know how to work together with accountants, financial planners, retirement advisors, insurance professionals, and other attorneys to implement every crucial aspect of the process.

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