Integrated Estate & Tax Planning Strategies
Protect Your Assets, Reduce Taxes, And Build A Lasting Legacy By Strategically Leveraging Trusts, Foundations, and Nonprofits.
Thousands served
We have served thousands of business owners, investors, and families over the past two decades
Millions donated
We have helped our client strategically earmark over $100 million in assets for charitable purposes
Billions protected
We have helped our clients protect billions of dollars worth of business assets, intellectual property, and personal assets
Most individuals work with various professionals—lawyers, accountants, business consultants, realtors, investment advisors, and insurance agents—but often, these experts have never met or aligned their strategies. Since each one contributes to your overall portfolio in one way or another, it makes sense that they should be working in sync, rather than independently.
Banks and investment firms offer these "integrated" services where legal, tax, and financial decisions are made under one roof - however, these services are often reserved for families with $40+ million in assets.
This integrated approach to wealth management is how the nation's wealthiest families and influential business leaders preserve and grow their legacy across generations. It’s also how the banks and investment firms operating behind the scenes have become the backbone of our economic structure.
We created The Mini Family Office™ to help you gain access to these integrated wealth management services that are typically out of reach for families with a net worth lower than the $40-50 million. Without this integration, your family could lose upwards of 30-40% of your net worth to legal costs and taxes, especially at the time of generational wealth transfer.
Law and Tax is the nation's leading Mini Family Office Training and Integration firm. We serve hundreds of law, tax, and financial advisory firms and their clients with our Integrated Estate And Tax Planning Services™ by helping them strategically deploy the Mini Family Office Approach.
Strategic Consulting And Advisory Services
Here are some of the strategic programs and solutions that we offer to business owners, investors, and high-income earners
Taxes affect every dollar we earn, manage, and pass on to the next generation in various ways. Some are applied during your lifetime, while others occur at the time of wealth transfer. These concepts are captured in The Tax Iceberg™, which helps you and your advisory teams evaluate, calculate, and develop strategies to mitigate these layers of taxes, many of which are "hidden" beneath the surface:
State and federal income tax
Federal capital gains tax
Federal estate and gift tax
State estate and inheritance tax
State probate and legal costs
Step-up basis rules for estates and trusts
Evaluation of alternative tax structures: Excise taxes & donations
Using the "mini family office" approach, we help our client evaluate and implement decisions that aim to protect and preserve their wealth while mitigating several layers of taxes. We offer the following estate planning services:
Incorporations and LLCs
Partnerships and FLPs
Revocable trusts and wills
Irrevocable and complex trusts
Private foundations and DAFs
An evaluation of your legal, tax, and financial puzzle
We offer a comprehensive set of private foundation strategies that are designed to help entrepreneurs and investors transform into purpose-driven impact investors by integrating a private foundation. We offer the following services for private foundations:
Creation, registration, and formulation of your private foundation
Alignment of private foundation with wills, trusts, and corporations
Annual tax reduction (AGI) by leveraging foundations strategically
Donate assets and cash to remove assets from your estate
Asset liquidation and business exits with the integration of a foundation
Foundation consulting to help your family navigate the investment fund
Help with operations, technology, grants, and donation to charities
We have created and represented thousands of nonprofit organizations across the United States and Canada in a variety of roles and functions. We help business owners and professionals integrate a public nonprofit organization to share their knowledge, increase their value of their IP, and empower more people. Here are a few of the services we offer to nonprofits:
Creation of state incorporation documents
Approval by the IRS as a tax-exempt organization
Bylaws, operating agreements, and contracts
Grant program evaluations and applications
Technology and operations systems
Strategic philanthropy: Profit + Purpose™
Law Firm In A Box offers professionals operating across diverse industries the opportunity to strategically integrate estate and tax planning services, essentially creating a Mini Family Office atmosphere for their clients. This model adds several layers of competitive advantages to professionals and their clients, such as:
The ability to integrate and align their services with those offered by other professionals who are also serving the same client in a different capacity
The ability to increase the value of your IP and offerings by offering solutions that solve six, seven, and even eight legal and tax obligations ("death taxes")
The ability to increase internal profit margins and profits generated per customer without any additional overhead, marketing spend, or risks
The unique ability to tap into existing client lists, old customer databases, and existing communities that are going to purchase estate & tax services from a competitor at one point or another
A Word From Our Clients And Strategic Partners
Here are what a few of our current clients had to say...
Finally - I found a team who was willing to step beyond their traditional role and help me really understand how different legal and tax concepts fit together
Chris
It's hard to imagine that I was dealing with so many experts in an independent fashion - the Mini Family Office has been a game-changer for us
Adriana
The research and insights that Sid has published has helped me avoid mistakes that could have destroyed everything I've accomplished thus far.
Scott
Here are some examples of how our integrated estate and tax planning services helps individuals align their legal, tax, and financial goals and dreams [legacy]
Profile: Business Owners And Investors
We are collaborating with the owners of a consulting firm who plan to exit their business within the next two years and reinvest their profits across various asset categories.
They prefer to avoid a 1031 exchange in order to diversify their portfolio.
Our focus is on aligning their corporations, wills, revocable trusts, irrevocable trusts, and foundations from a legal standpoint, while also coordinating various tax strategies to address both current and future tax obligations.
Here are a list of tax strategies that we look at:
- Reducing income taxes on the high AGI that they currently face
- Reducing or avoiding capital gains taxes on the business sale
- Avoiding or lowering federal trust and estate taxation
- Avoiding or lowering capital gains on other asset liquidations
- Avoiding or lowering Probate and legal costs
- Avoiding or lowering state inheritance and estate taxes
- Navigating the old vs new step-up basis rules and changes
We are helping them embrace a Mini Family Office™ approach, where their business advisory, tax, and finance teams are aligned and operating from the same playbook.
One of their main goals in life is to create a legacy that's deeply rooted in social and humanitarian contribution - their vision is to incorporate the philosophy encouraged by the tax code: Do Well By Doing Good In The World!
Profile: High-W2 Wage Earners And Investors
We are working with a power couple in their 40s, a lawyer and an engineer, with high AGI, paying six-figures in income taxes annually. They have two children, ages 10 and 14, and several categories of assets and investments.
Their goals include:
- Reducing their annual tax burden
- Increasing their charitable contributions
- Enhancing their insurance coverage
- Creating trust funds for their children
- Diversifying their investment portfolio
They were referred to us by a joint venture partner, a seasoned Financial and Insurance Advisor at a large investment firm who has been working with the couple for a few years.
We are helping them establish a combination of entities, including a limited liability company (LLC), a revocable trust, a pour-over will, an irrevocable life insurance trust (ILIT), an irrevocable trust, and a private foundation.
Each entity serves a distinct purpose, but together they create a cohesive strategy. By restructuring their existing assets (stocks, funds, crypto, and real estate) into LLCs, trusts, and foundations, we aim to reduce their current tax burden by 30% annually, while formulating alternative methods to lower "future taxes and costs" as well.
This approach also provides greater control over their investments, minimizes personal risk, and allows them to utilize gifting laws to establish robust insurance policies for their children.
Mini Family Office: Strategic JV with a personal injury law firm
Integration with a personal injury law firm
Our Joint Venture Partner:
A personal injury lawyer representing a client with a large settlement ($40+ million).
Challenge:
The client was awarded a significant personal injury settlement, avoiding income tax on the injury portion.
However, punitive damages and emotional suffering awards were still taxable, and without proper planning, the client would have not only faced a large amount of income taxes in the year of the settlement, in addition to facing probate taxes, inheritance taxes, and federal estate or gift taxes which are taxed at 40%.
Solution:
We partnered with the personal injury lawyer to implement our Mini Family Office strategy, aligning legal, tax, and financial approaches.
We established a combination of trusts and private foundations to hold and invest the settlement funds, removing them from the client’s estate.
This not only shielded the punitive and emotional suffering damages from immediate taxation but also ensured that the settlement would not be subject to the 40% estate tax upon the client’s death. In addition, we engaged the client and his family members in the foundation and helped them get crystalize their long-term goals which involved philanthropic and charitable work.
Through the trust and foundation structures, the client was able to:
- Avoid future estate tax on the settlement, preserving more wealth for heirs.
- Protect the punitive damages and emotional suffering awards from additional taxation at the income tax level.
- Put the funds to investment use while maintaining long-term tax benefits.
- Crystalizing the investment plans of the family while getting reinvesting the settlement funds into income-producing assets.
The strategic move allowed the client to secure a tax-efficient future for their settlement, preserving their wealth and creating a lasting legacy, while allowing the personal injury lawyer to increase the value of their offerings, save the client even more money and funds, and help them beat future taxes and legal costs that are sure to arise.
Mini Family Office: Strategic JV with an insurance brokerage
Partnering with an Insurance and Financial Advisory Firm – Tax Mitigation and Estate Planning for High-Income Clients
We strategically integrated our estate and tax planning services with the services offered by an insurance and financial advisory firm that mainly serves entrepreneurs, lawyers, and high-income W2 earners.
Problems addressed:
The firm’s clients, many of whom were high-income earners, faced complex estate and tax planning challenges, including hidden taxes on the assets they hold and control, such as publicly traded stock, retirement accounts, mutual funds, equities and bonds, crypto, and insurance policies.
Without proper structuring, insurance proceeds and other assets would be included in the estate, increasing estate size and tax exposure at the time of the client's death. The firm needed a comprehensive approach to help clients protect their wealth and minimize tax liabilities, particularly for those with significant insurance policies and estate concerns - especially in light of the upcoming changes to the estate and tax laws in 2026.
Solutions offered:
We partnered with the firm to introduce our Mini Family Office strategy, providing in-depth training on estate and tax planning concepts. Through this collaboration, we:
- Introduced the Tax Iceberg Model: We helped the firm and their clients understand "hidden taxes," including estate, income, and inheritance taxes that can impact high-net-worth individuals.
- Structured Insurance Policies: We provided strategic guidance on structuring life insurance policies to ensure they were placed outside the estate, preventing the proceeds from being included in estate calculations and thus avoiding estate tax exposure.
- Estate and Tax Planning Training: We trained the firm’s advisors on essential estate planning techniques, including the use of trusts, private foundations, and tax-efficient structures, empowering them to offer high-value solutions to their clients.
Outcome:
By integrating our Mini Family Office model, the insurance and financial advisory firm saw substantial benefits for both their advisors and their clients:
- Reduced Estate Size: Properly structured insurance policies were moved outside the estate, eliminating the inclusion of proceeds in estate tax calculations.
- Tax Efficiency: Clients were able to avoid hidden taxes and significantly reduce their estate and inheritance tax liabilities.
- Increased Client Confidence: Advisors were equipped with new tools and knowledge to confidently guide clients through complex estate and tax planning decisions, strengthening client relationships.
- Expanded Service Offering: The firm now offers comprehensive estate planning services, enhancing their value to high-income clients and attracting new business.
This partnership empowered the firm to provide sophisticated estate planning and tax-saving strategies to high-net-worth individuals, ensuring long-term financial security and tax efficiency for their clients.
Upcoming Events
Our affiliate courses are designed by experts who have years of experience and proven results in the affiliate marketing industry.
20 Benefits of Starting a Foundation
20 Unique Ways to Protect Your Assets, Preserve Your Wealth, and Lower Taxes by Starting A Family Foundation
Press Play to Watch This Short Video
Here are a few highlights from the video:
1. Lower Personal Liability: Donated assets belong to the PF, protecting them from personal lawsuits. Once transferred, these assets are safeguarded from any legal claims that may arise against the donor.
2. Protect Assets from Spendthrift Heirs: By donating assets to a private foundation, donors can ensure their charitable contributions are preserved and managed responsibly, protecting them from heirs and beneficiaries who may not have prudent financial habits.
3. Corporate and Personal Tax Benefits: Corporations can reduce their taxable income by up to 10% each year through donations to a PF. Individuals can reduce their taxable income by up to 30% of their AGI by donating cash, and by up to 20% for donating assets like real estate and stocks.
4. Carry-Forward Excess Deductions: Excess charitable deductions can be carried forward for up to five consecutive years on personal tax returns, allowing donors to maximize their tax benefits over a longer period.
5. Tax-Free Growth: Assets within a private foundation grow tax-free, maximizing wealth for charitable purposes. This allows for greater accumulation of wealth dedicated to charitable efforts.
6. Boost Goodwill: Engaging in formalized philanthropy boosts goodwill, trustworthiness, and brand perception for corporations, enhancing their public image and fostering positive stakeholder relationships.
7. Structured Charitable Giving: Private foundations require a structured approach to charitable giving, including a mandatory 5% annual distribution of assets, ensuring consistent philanthropic efforts.
8. Align with Wills, Trusts, and Corporations: Private foundations seamlessly integrate with wills, trusts, and other legal structures, creating a cohesive strategy for long-term charitable impact.
We invite you to attend a free workshop where we go through frequently asked questions, practical examples, share experiences, and give participants to network and meet other entrepreneurs and investors (who are also on the same journey to learn more about wills, trusts, and foundations), as well as professionals actively involved in law, tax, and financial industries.
Book your spot below - it's 100% FREE - you'll get a chance to speak with our Attorneys & Tax Professionals in real-time.
ATTEND A FREE WORKSHOP:
We invite you to attend a free workshop where we discuss the above strategies in more depth and provide you with an opportunity to speak with our attorneys and tax professionals who operate in the world of foundations, day-in and day-out.
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IMPORTANT: LEGAL DISCLAIMER
The information contained on this page does not constitute legal, tax, of financial advice and is strictly for educational and entertainment purposes only. Please consult an attorney or advisor in your area to get a second opinion on legal matters. We are a consulting firm that houses attorneys, accountants, and other licensed professionals who who execute strategies for our clients. No attorney-client relationship is formed by scheduling a call, filling out forms, attending workshops, participating in the Hotline, or by sending us an email.