Jacob Shumard

Specialties & Capabilities

• Standard Residential Closings

Languages Spoken

English

Lefkoff Duncan Grimes McSwain & Hass PC is a highly experienced law firm, providing unparalleled technical expertise in estate, tax, and business planning for over 40 years. Our dedicated attorneys focus entirely on these complex areas, ensuring they remain up-to-date on the constantly shifting legal landscape. This specialized focus allows us to offer a stronger grasp of legal principles that directly benefits our clients, spanning multiple generations.

We pride ourselves on delivering individualized, personal representation, characterized by attentive listening and goal-oriented solutions. Our approach combines creativity with professional, technical expertise to preserve your family's wealth effectively, efficiently, and expeditiously.

Our comprehensive services include:

• Individual Income Tax Planning: Designing trusts and intra-family transactions to minimize tax burdens and structure charitable giving.
• Personal Estate Planning: Crafting Wills, trusts, and other documents, including family partnerships and LLCs, to achieve client goals while prioritizing tax savings and asset protection.
• Real Estate Matters: Analyzing needs, negotiating transactions, preparing contracts, leases, and conducting closings for significant real estate assets. We also handle security interests and debt collection for lenders.
• Estate and Trust Administration and Post-Mortem Tax Planning: Assisting fiduciaries and families with legal requirements, identifying tax planning opportunities, and coordinating with other professionals.
• Trust and Estate Disputes and Fiduciary Litigation: Resolving disputes stemming from ambiguous Wills, disappointed heirs, fiduciary misdeeds, property rights, or tax controversies.
• Business Continuity Planning: Devising management succession plans, income streams for retired owners, equitable treatment for children, and liquidity planning for closely held businesses.
• Executive Compensation Planning: Designing flexible benefit plans with attractive tax benefits for business owners and management, including non-profit executives.
• Inter-Generational Wealth Transfer Planning: Implementing specialized transfer vehicles like family partnerships, LLCs, and trusts, while addressing generation-skipping transfer tax challenges.
• Asset Protection: Advising on legal ways to structure affairs to protect assets from failed marriages, business reversals, and other threats.
• Life Insurance Planning: Assisting with the creative use of life insurance for tax-free estate liquidity and solving estate tax problems, without selling products.
• Charitable Trusts and Exempt Organizations: Exploring financial and tax benefits through charitable trusts and creating tax-exempt entities for family philanthropic goals.
• Guardianship and Planning for Disability: Representing clients in guardianship proceedings and advising on alternatives like living trusts, powers of attorney, and advance directives, including Medicaid qualification.
• Business Organization and Operation: Advising on the formation and operation of partnerships, corporations, and LLCs, including buy-sell agreements, employment contracts, and tax implications.

We are committed to helping clients navigate complex legal challenges with a focus on their unique needs and priorities.