
As part of its comprehensive estate planning services, Levin Schreder & Carey Ltd. structures pre-marital and post-marital agreements. Equally important is the form of asset ownership in order to maintain the character of property after the marriage.
In dissolution of marriage actions, we are often brought in by divorce attorneys as “special tax counsel” to structure property settlements, and support and alimony agreements, including creating trusts to minimize tax consequences and insure that the agreements reached will be fulfilled without need for future litigation. An integral part of this process is the review of tax qualified retirement plan assets, non-qualified deferred compensation (such as stock options), and the transfer of tax sensitive assets, such as partnership interests with negative basis and stock in S corporations.
The firm also represents trustees of family trusts who may become involved as third parties in dissolution of marriage proceedings, including suits for support and disputes over the character of property held in trust.