Private Wealth Advisors

Private Wealth Advisors

The Hunton & Williams LLP private wealth lawyers provide a wide array of services in the areas of domestic and international tax, wealth preservation and wealth transfer strategies, business succession planning, and estate and trust administration and litigation. We advise individuals, families, closely held businesses, banks and trust companies acting as fiduciaries, as well as charitable organizations.

Wealthy Individuals/Families
The firm's private wealth lawyers assist wealthy individuals and their families with their estate and tax planning through the use of both simple and sophisticated lifetime and post-death techniques. Many of our clients also own family businesses and seek our aid in minimizing the potential transfer tax burden associated with those assets, while providing for the smooth and efficient transfer of ownership and management to the next generation. Towards this end, we often recommend and assist clients with the creation or restructuring of partnerships, corporations, limited liability companies, private foundations and other entities to achieve their planning objectives. Our lawyers are also experienced in addressing the special issues presented by clients owning assets in multiple states or in foreign countries.

To advance a client's wealth preservation and wealth transfer goals, we make recommendations and implement strategies based on a comprehensive review of the family's assets and general situation and the client's personal desires. As part of this process, our lawyers provide advice on all aspects of federal and state gift, estate and generation-skipping transfer taxation and related income and international tax issues.

Further, our lawyers have extensive experience in the areas of asset protection planning and international income and estate planning, as well as with marital agreements, both before and after marriage. We regularly advise individuals and families on US tax residency and dual citizenship tax matters.

Closely Held Businesses
The firm has developed a distinctive practice in assisting individuals and families who have investments in closely held businesses. We help in all aspects of forming, structuring and restructuring closely held businesses as well as ongoing operational legal matters. Clients are often concerned about how to preserve these assets for the next generation in the face of potential estate tax burdens. The tax issues, however, are often secondary to the need to maintain strong management for the business and provide fair treatment for all beneficiaries, including those not working in the family business.

Charitable Planning
Our private wealth clients often are interested in making substantial gifts to charity during their lifetimes or at death. As part of the planning process, our private wealth advisors have designed and implemented major gifts of stock, artwork, real property and other types of property. We have assisted clients with all types of deferred gifts, including charitable lead and remainder trusts, gift annuities, pooled income funds, non-trust remainder gifts and gifts of life insurance policies, as well as open space and conservation easements. We also have established tax-exempt foundations for our clients to further their specific charitable objectives.

Estate and Trust Administration and Controversy
Further, we are experienced in trust and estate administration and other fiduciary matters. We have substantial experience in the litigation aspects of operating trusts and estates, including fiduciary litigation and estate and gift tax audit matters.

At Hunton & Williams, we strive to help each client achieve his or her unique personal vision for the future.