Estate Tax Planning Attorney

Estate Tax Planning Attorney East Greenwich, RI

Securing the future just in case the unexpected happens is an essential aspect of estate planning. When it comes to how you want your assets distributed to loved ones, estate taxes can have an impact on how much wealth gets passed on. Our East Greenwich, RI estate tax planning attorney can help reduce estate tax liabilities and ensure the smooth transfer of your assets when the time comes to do so. At Aptt Law LLC, Attorney Geoffrey M. Aptt can help you safeguard their legacy now and into the future. If you have questions about how to prevent taxes from reducing inheritances to your beneficiaries after your death, contact him today for further guidance! For now, here are some strategies on how to maximize the wealth you leave behind.

Tax-Free Giving

One of the most effective ways to limit the impact of estate taxes is by making tax-free lifetime gifts. You can make tax-free gifts, otherwise referred to as “annual exclusion gifts” of $19,000 (indexed annually for inflation) per person each year. These gifts do not get subjected to gift taxes or require the filing of a gift tax return. Furthermore, payments for tuition and medical expenses paid directly to educational institutions or health care providers can also be gifted tax free.

Gifts To Irrevocable Trusts

There may be beneficiaries who are not financially savvy or responsible enough to receive a lump sum gift. In situations like this, an irrevocable gift trust is a great option. You can gift assets to an irrevocable trust, remove them from your estate, and thus reduce estate taxes. You can instruct which beneficiaries are to receive this gift and at what frequency and amount, to be carried out by your appointed trustee.

Charitable Trusts And Contributions

Lifetime charitable contributions provide income tax benefits and savings on estate taxes. By making charitable gifts throughout your lifetime, you have the joy of seeing the benefits of your contributions while limiting your taxable estate. As our East Greenwich estate tax planning attorney may recommend, you could create a Charitable Remainder Trust (CRT), which enables you to fund the trust with appreciated assets, receive income tax deductions, and avoid capital gains.

Aptt Law LLC

There are many other strategies for reducing the impact of estate taxes. Please reach out to Attorney Geoffrey M. Aptt, founder of Aptt Law LLC, for advice on how to best preserve your estate and assets. He is committed to helping you secure what matters most. Contact him today to get started!

Practice Areas

    
 
 
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    Alejandro Tobon 
 
 
 
  I’ve had the privilege of knowing Geoff on a professional level for the past four years. We have cross multiple times because we travel in circles of like-minded entrepreneurs dedicated to seizing the incredible opportunities available to us in this amazing country. Equally important, we share a commitment to taking the right steps to protect our assets and achievements.

Within this circle, we’ve exchanged invaluable insights and expertise, helping one another grow as professionals and individuals. This collaborative environment is what gave me the confidence and assurance that Geoff is the correct professional to guide me when I needed a comprehensive strategy to safeguard my hard-earned assets and ensure my loved ones avoid unnecessary probate complications.

While many can set up a trust, Geoff goes beyond the basics. He obviously takes the time to understand your perspective, values, and vision for the future. I highly recommend Geoff not only for his exceptional knowledge and service but also for his firsthand experience as an active investor and his connection to a high-quality network of professionals focused on building generational wealth.
  
 
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    Tina Marie Noble 
 
 
 
  Had the pleasure of working with both Attorney Aptt and Jaclyn. Their professionalism was top notch.  I was so impressed with how they worked with their clients.  Great team!
  
 
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    Jason Doyle 
 
 
 
  I have know Geoff Aptt now for over a decade and collaborated with him on a number of legal manners on behalf of myself and my clients. He’s honest, hardworking, smart, and willing to bring in experts when needed, which isn’t often. He is certainly one of the first people that come to mind when I need legal assistance of any sort, especially in business, trusts, and estate matters. Top notch and a down to earth straight shooter. I highly recommend.
  
 
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    Matt Resnick 
 
 
 
  Geoff was great throughout our process!! Very detailed and attentive with great communication!!!
  
 
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    Jason Iannuccilli 
 
 
 
  I recently worked with Aptt Law on my estate planning, and I couldn't be more pleased with the experience. Geoff’s expertise in wills and estates was evident, and he guided me through every step with patience and clarity. I highly recommend this firm for anyone looking for professional and compassionate legal assistance in this area!
  
 
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    M&M Mosher 
 
 
 
  Geoffrey is extremely professional and accommodating. He stated a price within the first 15 minutes of meeting us to ensure that we were aware of what to expect and explained all aspects of our paperwork clearly. Geoffrey also made arrangements to work around our schedule. I would gladly recommend him to anyone seeking an estate lawyer.
  
 
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    Nathalie Luong 
 
 
 
  Great experience with Geoff and Jaclyn!
Very informative and takes the time to make sure that you are comfortable and understand everything. Everything done with a Will, Trust, Power of Attorney and more! Would recommend and work with again!
  
 
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    Joshua Bruhn 
 
 
 
  Geoff and his paralegal were both amazing in guiding my wife and I through our trust journey. I feel they truly cared about our children's future as they laid out our options in great detail, and they made sure the things we decided on paper met our fullest intent. Even as we made changes right upto signing the final product.
  
 
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    Bekah Bruhn 
 
 
 
  Working with Aptt Law was easy and stress free. The team there are knowledgeable,  responsive,  and always available to answer my questions.  Would highly recommend thier service!
  
 
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    Scott Eastwood 
 
 
 
  I have worked with Geoff for over a year now. He is knowledgeable and extremely professional . I look forward to working with him for years to come.

Estate Tax Planning Attorney