About Estate Planning

Estate Planning, Trusts, and Succession Law form the bedrock of preserving and transferring wealth across generations. The law has evolved with amendments to inheritance laws, introduction of new tax regulations, and a growing awareness of the importance of structured wealth transfer.

Estate planning is the legal and financial strategy that the individual applies to manage their assets and ensure that the orderly transfer of his or her wealth and possessions happens both during his or her lifetime and after death. It involves a detailed assessment of an individual’s financial situation, personal goals, and family dynamics in order to develop a personalized plan tailored to the needs and circumstances of the individual concerned.

The main elements of estate planning usually include:
  • This is a legally enforceable document that outlines the distribution of assets at death, care of minor children, and appoints an executor to administer the estate. The main elements of estate planning usually include:
  • A Will is a legally enforceable document that outlines the distribution of assets at death, the care of minor children, and the appointment of an executor to administer the estate.
  • Trust. In creating a living trust or testamentary trust, the property holder is free to dispose of their assets through these means to accomplish desired distributions after death while obtaining flexibility and potential tax and asset protection advantages.
  • Naming Beneficiaries: Beneficiaries for life insurance policies, retirement accounts, and other assets should be named. The procedure ensures transferring a person’s estates after they’re gone, sans much hustle and tussle, exactly to their likings.
  • Executing a Durable Power of Attorney: Authorizing another person to make decisions regarding one’s financial and legal matters in the event of one’s incapacity.
  • Creating a Healthcare Directive (Living Will): Expressing one’s wishes regarding medical treatment in the event of terminal illness or incapacity.
    Estate planning is not simply the domain of the affluent class. It is a vital component of financial and personal planning for individuals of any age and circumstance. By addressing estate planning concerns now, the proceeds of one’s estate can be distributed according to one’s wishes, with estate taxes kept to a bare minimum, care provided for loved ones, and peace of mind knowing everything is in order.

Why Choose GSLO?

GSLO deftly guides wealth transfer, maximizing transparency and preparing for succession. We commit to being at your side with personalized, legally sound solutions and transparent communications to safeguard your assets and ensure financial freedom for you and your family well into the future.

  • Comprehensive Legacy Planning

    We take a holistic view of legacy planning, addressing all aspects of wealth preservation, family governance and asset distribution. We build strategies that safeguard your estate and uphold your wishes while providing your beneficiaries with the greatest advantage and least amount of legal obstruction.

  • Tax-Optimized Wealth Transfer

    Is your estate plan tax-efficient? Giving away your wealth to your heirs in a tax-liable manner, GSLO assists you in minimizing tax implications while designing your estate. Gandhi is passionate about all things financial and thus started GSLO. Corrective measures are planned for our estates, including estate duties and capital gains taxes, to ensure that your successors receive your assets in the most favourable manner.

  • Legal Documents Tailored to Your Needs

    What We Do: We draft customized legal documents: wills, trusts, succession deeds, and family charters as per your needs. With our meticulous recording, we clarify how the assets will be divided based on your preferences right away to further minimize confusion, disputes, and provide you with an overview of your long-term estate planning intentions, all in accordance with the law.

  • Strategic Family Settlements

    Our innovative family wealth distribution strategies are helpful to avoid disputes and will facilitate the creation of fair agreements. We manage structured conversations, write enforceable conversion agreements and build customized movement agreements that respond to evolving family and cooperation structures to promote peace and lasting financial prosperity.

Let’s Discuss Your Options!

Connect with Us

Services Included in Estate Planning & Succession Solutions

Book a Consultation Now!

Comprehensive Estate Planning

GSLO helps clients create comprehensive estate plans that include wills, trusts, and other important legal instruments. With a comprehensive focus on wealth transfer, asset protection, and regulatory compliance, our method provides clients with certainty that their estates and beneficiaries will be secure in the future.

Read more

Services for the Formation and Administration of Trusts

We also offer fiduciary services related to the formation and administration of trusts, which must be developed and operated to ensure that trusts and all related assets are managed appropriately, according to the established fiduciary standards. Additionally, we are partnering with our clients to help them create, administer, and maintain Not-For-Profit Organizations in compliance with applicable federal and state statutes that govern such Organizations, and our ultimate financial goal is to reach projected benefits and mitigate related risks and tax liabilities.

Read more

Will Drafting and Review

With a focus on the point as they are trained on data until October 2022. Designed to guard against ambiguity, minimize disputes and facilitate the effective execution of the will as required by law.

Read more

Business Succession Planning

Your critically prepared strategies for ownership transfer and succession! You partner with families and stakeholders to protect business continuity, carefully managing relationships and ensuring the long-term growth of enterprises even if a distribution is necessary.

Read more

Asset Protection Strategies

GSLO creates tailored asset protection strategies to safeguard clients’ wealth from potential threats like creditors, legal claims, and economic instability. We assist in securing assets for future generations and financial safety via legal structuring, trusts, and other safeguards.

Read more

Advisory on Inheritance Tax

We are a professional team that guides you through the inheritance tax laws, making clients on-tailored tax-efficient and estate planning strategies. We help structure wealth transfers to benefit from tax reliefs with full adherence to the law for an optimal financial legacy for heirs.

Read more

Related Services

We have professionals behind us

Understanding Estate Planning, Trusts and Succession Law : FAQs

As always, we are here to help you get off to a strong start. Below you will find a list of essential FAQs designed to give you a better understanding of Estate Planning, Trusts and Succession Law.

  • What Is Estate Planning and Why Is It Important?

    Estate planning means organizing your assets, writing your wills, establishing trusts, and planning what happens to your wealth after you die. It ensures wishes are respected, minimizes squabbles, alleviates tax burdens and shields the financial future of your loved ones.

  • What Is the Difference Between a Will and a Trust?

    A will is a legal document that states what will happen to your assets after you die, while a trust is a legal entity that holds the assets for the benefit of the beneficiaries. While both methods have their benefits, trusts can actually provide some tax advantages and help you avoid the potentially lengthy and costly probate process while ensuring your estate is distributed more thoroughly to your beneficiaries in the manner you determined.

  • What are the pros of using a trust for the estate?

    The trust makes it possible to distribute assets in an orderly manner, shield the assets from creditors, receive tax favours, and avoid probate. This type of account also ensures financial security for beneficiaries (especially minors or someone with special needs) since funds are only released when needed.

  • What if I die without a will?

    Without a will, in the event of your death, your estate will be subject to the intestate laws where you are and will be distributing your estate. That does not match your desires and can lead to disputes within your family, over-hrebrained legal issues, and unnecessary financial obligations to your heirs.

  • How frequently should I review and update my estate plan?

    Every 3–5 years, or after significant life events like getting married or divorced, giving birth, obtaining a new major asset, or experiencing major tax law changes, you should check to see if your estate plan is still consistent with your intent and legal obligations.

Do you want to ask our
experts a question?

Schedule a Call Now