Tonkon Torp maintains a sophisticated wealth planning practice involving all aspects of wills, trusts, probate and gift/estate tax planning, with specialization in planning for owners of closely held businesses. Our lawyers offer clients personalized attention in assisting with wealth and business succession planning. A large part of the practice involves minimizing taxes on the transfer of wealth using such techniques as family limited partnerships, family limited liability companies and installment sales.

Our attorneys structure a variety of wills and specialty trusts for our clients, including:
  • Revocable "living trusts"
  • Irrevocable life insurance trusts
  • Qualified personal residence trusts
  • Crummey trusts
  • Title holding trusts
  • Grantor retained annuity trusts
Many of our high-net worth clients give generously to the community and we help structure these gifts to maximize the tax benefits. Our experience includes the organization and operation of private foundations as well as the establishment and implementation of charitable unitrusts and annuity trusts. Our expertise extends to public and private charitable and tax-exempt organizations, often the beneficiary of our clients' gifts.