Lamb & Kawakami's trusts, estates and charitable planning and administration practice is well experienced in handling both the routine and complex legal and personal issues that our clients present.
L&K creates customized estate plans that include the creation of revocable family trust, wills, and durable powers of attorney for financial management and advance health care directives. L&K coordinates with the client's financial, accounting and insurance advisors to implement the most comprehensive, yet efficient estate plan, which meets the client's needs and expectations.
L&K regularly advises clients on how to mitigate the estate, gift and generation-skipping transfer tax consequences related to property transfers. To implement some of these plans, L&K attorneys utilize sophisticated wealth transfer and protection vehicles, which include family limited partnerships, insurance trusts, charitable trusts, qualified personal residence trusts, and other irrevocable trusts, and also prepare and file the accompanying gift tax returns.
L&K's attorneys assist clients with the post death administration of a trust and the administration of a probate estate. L&K often advises the survivors with trust and probate administration matters following a death of a loved one, which often includes the establishment of subtrusts and the preparation of estate tax returns.
L&K advises trustees and beneficiaries with respect to estate and trust litigation. L&K assists its clients with the resolution of will contests, trust litigation, and other disputes involving a trust or an estate.
L&K provides initial and ongoing counsel to clients interested in establishing tax-exempt and nonprofit organizations, which often entails the creation of public charities, private foundations and various types of charitable trusts