Tax and Estate Law

Trusted financial advisors

Rabner Allcorn Baumgart & Ben-Asher, P.C. has long provided comprehensive estate planning and tax planning. The firm is a valuable resource for clients seeking to protect their assets and to ensure their wishes are carried out with the greatest tax advantage possible.

Every individual should develop a plan for accumulating an estate and passing it on to his or her beneficiaries. Similarly, every business should have a business succession plan.

Estate planning for all contingencies

The firm recognizes that each client has unique needs and it guides clients and prepares documents tailored to meet the individual goals of its clients. The firm’s attorneys take the time to understand clients' families, finances, employment, investments and businesses when crafting estate plans that minimize taxes and promote family harmony.

The firm's broad-based approach capitalizes on its significant experience in planning and administering estates and trusts, particularly those involving substantial assets.

The firm advises on using a number of asset protection and transfer strategies in regard to:

  • Wills
  • Trusts
    • Revocable trusts
    • Irrevocable trusts
    • Charitable trusts
    • Special needs trusts
    • Living trusts
    • Dynasty trusts
    • Sales to grantor trusts
  • Charitable gift annuities
  • Durable powers of attorney
  • Healthcare proxies
  • Living wills
  • Marital agreements
    • Prenuptial agreements
    • Post-nuptial agreements
  • Family limited partnerships
  • Generation-skipping transfers
  • Guardianships
  • Conservatorships
  • Workable business succession plans

    Business succession planning is vital for small companies. Attorneys at the firm establish a mechanism for transferring a family business from one generation to the next with minimal disruption of operations and at the least possible estate tax cost. Because of strong accounting and financial backgrounds, firm professionals have particular knowledge and experience regarding many of the issues involved in business succession planning relating to cash flow, debt service and similar considerations.

    Experienced estate administration lawyers

    The firm also represents a client's executor or administrator throughout administration or probate court proceedings. This process generally involves the identification and collection of assets, payment or settlement of liabilities, payment of necessary taxes and distribution of property. The firm works to resolve any disputes that may arise and litigates, when it is in a client's best interests, to achieve the desired outcome. The firm's estate dispute resolution practice includes will contests, accountings, tax litigation and actions brought against trustees or estate representatives.

    New Jersey estate and succession planning lawyer

    A History of Commitment in Representing Employees and Entrepreneurs

    Clients rely on Rabner Allcorn Baumgart & Ben-Asher, P.C. for the drive and perseverance its attorneys provide and the results they produce in employment discrimination, whistleblower retaliation, sexual harassment and other employment-related cases, as well as in its comprehensive representation of entrepreneurs and small businesses in corporate and commercial matters. From its welcoming office in Upper Montclair, the firm serves all of New Jersey and represents clients employed in New York.