Private Clients
At Vasanthan Baskaran, our Private Clients practice is dedicated to providing personalized legal services and tailored solutions to individuals, families, and family-owned businesses. With a team of experienced attorneys who possess a deep understanding of the unique legal needs and concerns of private clients, we offer comprehensive advisory services and holistic estate planning solutions to help clients preserve and protect their wealth for future generations.
Expertise
Our firm's Private Clients practice covers a wide range of legal services tailored to meet the diverse needs of our clients, including:
- Estate Planning: We assist clients in developing comprehensive estate plans tailored to their individual goals, family dynamics, and financial circumstances. Our team advises clients on wills, trusts, powers of attorney, advance directives, and other estate planning instruments to ensure their wishes are carried out and their assets are distributed according to their wishes.
- Wealth Preservation: We help clients preserve and protect their wealth through strategic wealth preservation strategies, including asset protection trusts, family limited partnerships, and other asset protection vehicles. Our attorneys work closely with clients to identify risks and implement legal strategies to shield assets from creditors, lawsuits, and other threats.
- Succession Planning: We advise clients on succession planning matters, including business succession planning, generational wealth transfer, and succession of family-owned businesses. Our team develops customized succession plans that address ownership and management transition, tax considerations, governance structures, and family dynamics to ensure the smooth continuity of family enterprises.
- Trust and Estate Administration: We assist clients in administering trusts and estates, including probate proceedings, trust administration, and estate settlement. Our attorneys guide fiduciaries and beneficiaries through the complex legal and administrative processes involved in managing and distributing trust and estate assets in accordance with the terms of the governing documents and applicable laws.
- Tax Planning: We provide strategic tax planning advice to minimize tax liabilities and maximize tax efficiency for private clients. Our team advises clients on income tax planning, gift and estate tax planning, generation-skipping transfer tax planning, and charitable giving strategies to optimize tax savings and achieve their philanthropic goals.
- Philanthropy and Charitable Giving: We assist clients in structuring and implementing philanthropic initiatives and charitable giving programs. Our attorneys advise clients on creating donor-advised funds, charitable trusts, private foundations, and other charitable vehicles to support causes they are passionate about and leave a lasting legacy of giving.
Client-centric approach
At Vasanthan Baskaran, we understand that private clients have unique legal needs and priorities that require personalized attention and customized solutions. We take a client-centric approach, working closely with clients to understand their goals, values, and concerns. Our attorneys provide compassionate guidance, clear communication, and strategic advice to help clients achieve their objectives and secure their legacies for future generations.
Conclusion
With our deep expertise, industry knowledge, and commitment to client service, Vasanthan Baskaran is a trusted advisor for private clients seeking comprehensive legal solutions. Whether it's estate planning, wealth preservation, succession planning, trust and estate administration, tax planning, or philanthropy and charitable giving, our firm has the experience and resources to provide effective legal counsel and support that empowers clients to protect and preserve their wealth and legacy for generations to come.