Pryor Cashman’s Tax Group and Trusts and Estates Group provide sophisticated tax and legal advice to individuals and families as well as to owners of closely-held businesses. Our focus is on each family’s personal objectives and the financial and operational concerns of family businesses.Through careful tax planning, we help our clients reduce or eliminate estate, gift and generation-skipping transfer taxes.
Closely-held businesses regularly turn to us for advice regarding family limited partnerships and planning for the orderly transition of management from one generation to the next. We help our clients understand and establish all sorts of trusts, such as grantor-retained interest, charitable remainder, lead trusts and life insurance trusts.
We help our business and professional clients protect their business assets from creditors through the proper use of sophisticated domestic and/or foreign asset protection strategies and vehicles.Our attorneys also have substantial expertise advising international clients on wealth and estate planning matters.
And if you are facing divorce, our Tax Group can provide tax advice concerning the various tax issues that arise in the course of marital disputes.