Fairfield County High Net Worth Tax Shelter Attorney

High Net Worth Tax Shelter Attorney in Greenwich, Stamford, Darien, Westport, Fairfield, Trumbull, New Haven and Milford

If you have a high net worth, you may face not only high income taxes but estate taxes. However effective strategies exist to provide tax shelters for both your assets and income. This can enable you to have more money for your immediate use and be able to pass on more wealth to your children. For seasoned tax shelter advice, you are urged to contact a Fairfield County estate planning attorney.

Income and Estate Tax Shelters

An effective tax shelter is a life insurance policy wrapped in the irrevocable trust to leverage the size of your estate and provide an even larger benefit to your loved ones or to replace a benefit for them while freeing up additional assets for other purposes (e.g. charitable giving). If properly designed and drafted, this planning tool can help you avoid unnecessary estate and income taxes.

Note: It is important to ensure that the tax and legal consequences of any shelter strategy are discussed with an estate planning attorney and your financial advisor. This as well as any other type of planning requires strict compliance with state and federal guidelines. Furthermore, any instruments (such as trusts) used to carry out these strategies must be drafted with the state and federal rules in mind and proper procedures must be followed in order to ensure the benefits of the strategy. If this type of planning is important to you, contact my office so I can assist.

Proudly serving Fairfield County and New Haven County, Connecticut.

At Massih Law, LLC, I provide clients with high net worth advice on tax shelters against income and estate taxes. I am John N. Massih. I am pleased to meet with residents throughout Fairfield County and New Haven County including, but not limited to, Greenwich, Stamford, Darien, Westport, Fairfield, Trumbull, New Haven and Milford and counsel them on how to properly shelter their income and assets from taxes in compliance with State and Federal Law. My objective is to craft effective shelters to assist my clients to keep the fruits of their labor and effectively pass them on to their children.

Contact a Connecticut High Net Worth Tax Shelter Lawyer at the firm to discuss your tax shelter needs.