Advanced Estate
Tax Planning

Randy Sparks is an estate planning lawyer who is dedicated to helping you navigate the intricacies of estate taxes and asset protection.

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— Approachable Estate Planning

Preserving Wealth Shouldn’t Be a Mystery

When you decide to sit down and start organizing your estate and wealth, you might find yourself immediately overwhelmed. Luckily, if you have a high net worth, a growing business, a business sale, or anything else along those lines, you’re the perfect candidate for advanced services from an estate planning lawyer.

Regardless of your current knowledge level, Randy Sparks and his team make this process accessible. You don’t need to be an expert in tax law to protect your future. We can explain complex strategies in plain English so you can make decisions with confidence.

Demystify Your Estate Plan

We’re All Human Here

Our team drops intimidating terms and language in favor of honest, understandable conversations. You will always feel heard and understood. We also prioritize 100% transparency and approachability.

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Deep Expertise: 

A specific focus on estate tax planning and asset protection

Clear Communication:

Complex legal concepts explained simply

Total Transparency:

No hidden fees or surprise timelines

Responsiveness:

A legal team that is friendly, knowledgeable, and ready to help

Our Tax
Planning Services

We help clients avoid excessive estate taxes through sophisticated strategies. Preserving your wealth for the future is a burden that you shouldn’t have to manage alone. Our estate planning lawyer can design plans to maximize what you leave behind.

Advanced Estate Tax Planning

Income Tax Planning

Intentionally Defective Grantor Trusts (IDGT)

A popular and powerful tool for minimizing estate taxes, the IDGT removes appreciating assets from your taxable estate to maximize your legacy and minimize taxes.

Tax Planning for Equity Events

There are significant opportunities for tax savings if you plan correctly before an equity event. Whether you’re selling a business or transferring interests, we’ll guide you through your options.

QSBS Planning

If you own Qualified Small Business Stock (QSBS) and your stock might be worth more than $10 million, we can help you with “QSBS Stacking” which creates additional trusts, each of which qualifies for additional exclusions from capital gain tax. Maximize your tax savings and keep more of your profit.

Spousal Lifetime Access Trusts (SLAT)

A SLAT is a carefully designed IDGT that names the spouse as a beneficiary providing more accessibility to the trust assets and still maximizes your legacy and minimizes taxes.

Charitable Planning

Philanthropy is a powerful way to leave a legacy while managing tax liability. We help you achieve your charitable goals efficiently through donor-advised funds, charitable trusts, and foundations.

ING Trusts

Incomplete gift nongrantor trusts can be established in states where there’s no state income tax (such as Nevada, Wyoming, Delaware). This allows you to avoid or defer state income taxes on the sale of assets, such as stock in a company. We can help you through this process to help you experience the full benefit.

— Expertise with Human Touch

Choose a Different
Kind of Law Firm

If you’re looking for a refreshing estate planning lawyer experience, you’ve found it. We exist to give you answers to your most pressing questions without making you feel intimidated or overwhelmed.

Let’s secure your legacy with a sophisticated plan tailored to your unique life. Reach out today for a conversation that is honest, clear, and productive.

Prepare Your Estate

Frequently
Asked Questions

Have more questions? Get in touch!

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If you’re planning the estate through an attorney, the process generally takes between 2 to 6 weeks. If you’re handling the estate planning process on your own, it can take a shorter or longer period of time but you’re likely to face more obstacles this way.

As a general rule of thumb, it’s recommended to update your estate plan every 3 to 5 years. For more sophisticated plans, we recommend having an annual review.

The cost will depend on the proposed plan. We quote flat fees from the plans we propose. Obviously, the more complex and higher net-worth cases often require advanced trust structures with higher fees.

The most common documents included in a foundational estate plan include:

  • Revocable Living Trust
  • Will
  • Power of Attorney
  • Healthcare Directive

Estate Tax is a type of tax that is put on the transfer of wealth from the person who has passed away to the designated beneficiaries. This tax is paid by the person passing the wealth before it gets distributed to any of the beneficiaries. The current exemption from federal estate tax is $15M per person, so if a U.S. Citizen or resident’s individual estate does not exceed $15M, there is no estate tax.

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Secure Your Future

Whether you need a simple will or a complex multi-generational asset protection trust, Randall Sparks Law is here to guide you. Let's build a plan that lasts.

If you're unsure if your specific situation fits our practice, please reach out! If we cannot help you, we'll point you in the direction of someone who can.

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