Practice Areas

Establishing comprehensive trusts and wills is fundamental to effective estate planning. At Frenette & Associates, P.C., we assist clients in drafting clear and enforceable wills that reflect their wishes and in creating trusts tailored to their specific needs. By-pass credit shelter trusts, for instance, are strategic tools designed to minimize estate taxes by allowing spouses to maximize federal estate tax exemptions. Our team ensures that these instruments are structured to provide both tax efficiency and asset protection for future generations.

Preparing for unforeseen circumstances is a critical aspect of estate planning. We help clients designate health care proxies to make medical decisions on their behalf if they become incapacitated. Similarly, establishing durable powers of attorney allows trusted individuals to manage financial and legal matters during periods of incapacity. Our attorneys guide clients through the process, ensuring that these documents are legally sound and align with their preferences.

Safeguarding assets from potential risks is essential for preserving wealth. Our firm offers asset protection strategies that shield clients’ holdings from creditors, lawsuits, and other liabilities. By employing legal structures such as trusts and business entities, we help clients maintain control over their assets while minimizing exposure to unforeseen threats. 

For clients interested in philanthropy, we provide guidance on establishing charitable trusts and other giving vehicles like Grantor Retained Income Trusts (GRITs), Grantor Retained Annuity Trusts (GRATs), and Charitable Remainder Trusts (CRTs). These instruments not only support charitable causes but also offer tax advantages and income streams for donors. Our attorneys assist in structuring these trusts to align with clients’ charitable goals and financial plans.

Managing appreciated assets requires careful planning to minimize tax liabilities. We advise clients on strategies for transferring assets that have increased in value, such as real estate or investments, in a tax-efficient manner. By leveraging tools like charitable donations or trust arrangements, we help clients achieve their financial objectives while mitigating capital gains taxes.

Providing for loved ones with disabilities necessitates specialized planning. Our firm assists in creating Special Needs Trusts and Supplemental Needs Trusts that ensure beneficiaries receive necessary support without jeopardizing eligibility for government benefits. These trusts are tailored to meet the unique needs of each beneficiary, offering financial security and peace of mind for families.

Irrevocable trusts are powerful tools for estate and tax planning. Once established, these trusts cannot be altered, offering benefits such as asset protection, estate tax reduction, and eligibility for certain government programs. We guide clients through the process of setting up irrevocable trusts that align with their long-term goals and provide lasting benefits for their heirs.