Skip to Main Content.

Private Client & Wealth Planning

Bringing your wealth planning goals into focus.

Our attorneys take a true team approach, investing time to understand each client's concerns and wealth planning objectives. We work collaboratively with their other advisors to ensure all contributions to those they care about are planned with their goals and specifications foremost in mind. We help our clients stay on the right path for estate, income tax, retirement, charitable giving and business succession planning. In addition, we advise closely held businesses on all tax matters, ranging from operational issues and choice of entity structure to the transfer, sale or liquidation of the business.

Practice Area Contacts

A smiling person in professional attire with a tie against a white background.
J. Aaron Byrd

Partner

Cincinnati, OH

Florence, KY

West Chester, OH

A balding individual with glasses wearing a black suit, white shirt, and patterned tie is posing against a white background.
Jeffrey S. Dible

Counsel

Indianapolis, IN

A smiling person with short blonde hair wearing a dark jacket with white piping and a light-colored shirt against a white background.
Patricia D. Laub

Partner

Cincinnati, OH

A person wearing a black suit and striped tie stands against a white background.
M. Todd Lewis

Partner

Lexington, KY

A smiling woman with shoulder-length hair wearing a grey blazer and a pink blouse.
Melanie L. McCoy

Partner

Louisville, KY

A smiling woman wearing a turtleneck, blazer, and pearl necklace against a white background.
Rebecca Kuster Ragland

Partner

Louisville, KY

A person wearing a dark suit, white shirt, and a yellow and blue striped tie with a white background.
Barton T. Rogers

Partner

Lexington, KY

Related Services

Business Owner Transition Planning

For a family business or closely held enterprise, there are real advantages to working with reliable, well-informed attorneys to develop a solid succession plan. Our business succession planning team can help ease the transition to new management, facilitate business growth and curb taxes while providing a secure basis for retirement.

Our attorneys work closely with owner-managed and family-owned businesses to develop a strategic, forward- looking succession framework. We aim to balance our clients’ personal and business goals, preserve existing assets, prevent family discord and set the next generation of company leadership up for success. To this end, we often guide clients in evaluating the choice of entity and ownership structures and inform them of additional financing options, including life insurance arrangements, recapitalizations, buy-sell agreements, non-competition covenants, stock options, restricted stock awards and deferred compensation arrangements.

The succession planning process is often done in incremental steps over a period of months or years. And we counsel clients every step of the way to ensure their succession plan is an integral part of their business strategy,and their legacy is left in capable hands.

Charitable Giving

Our experienced group assists clients in reviewing charitable giving techniques among organizations they contribute to or feel strongly about and can help them identify the income and estate tax ramifications and benefits of such charitable giving. For example, we may find that participating in a charity’s pooled income fund or creating a private foundation would meet a client’s objectives. Alternatively, we can help a client explore many other options, such as charitable remainder trusts (CRUTs and CRATs), charitable lead trusts, conservation easements, preservation easements, gift annuities, pooled income funds and private foundations.

Estate and Gift Planning

We help clients carry out their wealth transfer objectives and minimize transfer tax costs through meticulous planning and practical solutions. From last will and testament and trust agreements to living wills and advanced medical directives, our knowledge of estate planning makes us a powerful advocate for the owner of an estate and its beneficiaries. We work closely with each client to structure the estate to provide for the right beneficiaries, curb the associated transfer taxes, and allow for surrogate decision making in financial and healthcare matters in the event of an individual’s incapacity.

Routine work for us includes:
· Last will and testament.
· Trust agreement.
· Durable general financial power of attorney.
· Advance medical directives.

Fiduciary Advisory Services

We represent institutional and individual fiduciaries in all aspects of trust and estate administration, from routine probate proceedings to complex fiduciary litigation. Our private planning attorneys advise fiduciaries regarding leveraging available options under state law to achieve desired outcomes, including private trust modification, trust decanting, and court administered modification proceedings. We also help fiduciaries navigate the complex income, estate, gift, and generation-skipping tax issues that arise in the course of trust and estate administration.

We counsel fiduciaries in avoiding conflicts of interest and minimizing exposure for breach of fiduciary duty. When litigation arises, we utilize an interdisciplinary team of litigators and private planning attorneys to represent both fiduciaries and beneficiaries in all phases of the dispute, from pre-litigation negotiations through the conclusion of the appeals process.

Our fiduciary clients often own significant positions in closely-held businesses, including controlling interests. We draw upon the combined expertise of our corporate group and our private planning attorneys to advise such fiduciaries in the fulfilment of their fiduciary duties, including avoiding or appropriately managing conflicts of interest.

Trust and Estate Administration

Whether the estate requires a full probate administration or a less formal settlement process, our team works on all aspects of estate administration, tailoring each plan to meet our clients’ goals and specifications. On a routine basis, we represent individual and corporate fiduciaries in the estate and trust administration process. We assist with the preparation of documents and court pleadings, federal and state estate and inheritance tax returns, postmortem income and estate tax planning, disclaimers, and much more.

Our team also has a wealth of experience assisting clients in developing, implementing and administering their trusts. In addition to coordinating the transfer of assets to the trust during the client’s life, we assist with the transfer of securities, brokerage accounts and real estate to the trust, while handling various bookkeeping, tax notice preparation and tax return requirements. Often, during the administration of the decedent’s estate, we counsel the beneficiaries of trusts created for their benefit by family members or other persons.

Trust and Estate Litigation

We advise the beneficiaries of an estate or trust as to the nature and extent of their interests. In trust construction matters, contested guardianships and cases involving a breach of fiduciary duties, we provide purposeful, responsive representation to ensure our clients’ property rights are protected via:

. Will contests.
· Trust construction matters.
· Cases involving a breach of fiduciary duties.

Fiduciary Income Tax

Our attorneys and accountants have extensive experience in the representation of fiduciaries, including executors, administrators, personal representatives and trustees. In addition to guiding fiduciaries through the estate and truest administration process, we counsel fiduciaries in postmortem income tax planning, including the preparation of federal and state income tax returns for descendants, estates, trusts and beneficiaries.

Featured Insights

Explore articles, press releases, and recent examples of our work.

A legislative assembly hall with empty desks and a large chandelier overhead.
The 2024 General Assembly: Light on Changes, Heavy on Constitutional Issues

June 20, 2024 | Blogs

*This article was originally published in Tax Notes (Vol. 112, No. 10) on June 3, 2024.  In recent ...

The real estate or residential concrete and wooden frame construction 3d model on blueprints and house the keys to the apartment a stack of coins.
Tennessee’s New Rural and Workforce Housing Tax Credit

June 7, 2024 | Blogs

Tennessee is the next state to follow a national trend and enact its own state low-income housing ta...

Due to the coronavirus the department of treasury is issuing to US citizens economic impact payments known as a stimulus check.
Kentucky Tax Amnesty After All?

May 30, 2024 | Blogs

In an earlier blog entitled, “Gold Bullion and Kentucky Sales Tax – The Ghost of Caesar Haunts,...

Social Security Reform Legislation
Kentucky 2024 Legislative Session – Tax Changes Overview

May 24, 2024 | Blogs

With such significant tax reform legislation passed in Kentucky over the last several years, some sp...

A magnifying glass leans against a thick stack of papers. Photographed with a very shallow depth of field.
Kentucky Tax Talk: Budget Focus Cools Tax Reform Efforts

May 10, 2024 | Blogs

*This article was originally published by Law360.  Over the last several years, the Kentucky Genera...

A hand is holding a fanned-out stack of US dollar bills.
Tennessee General Assembly Passes Massive Franchise Tax Refund Bill

April 26, 2024 | Blogs

On April 25, 2024, in a significant development for taxpayers doing business in Tennessee, both the ...

high contrast image of casino roulette in motion
Can Stockholders of Employee Leasing or Staffing Companies Claim Section 1202’s Gain Exclusion?

April 25, 2024 | Blogs

Stockholders must satisfy several eligibility requirements before they can claim Section 1202’s ge...

Real 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar. Pure gold 24k carat with 99.99% purity. Shallow DOF, selective focus. http://santoriniphoto.com/Template-Business.jpg
Gold Bullion and Kentucky Sales Tax – The Ghost of Ceasar Haunts

April 19, 2024 | Blogs

Last week, the Kentucky General Assembly during its 2024 Regular Session enacted H.B. 8, one provisi...

Person analyzing the market trends on a digital screen
Guide to the Federal Income Tax Treatment of SAFEs

April 16, 2024 | Publications

The Simple Agreement for Future Equity (SAFE) was introduced in 2013 on the startup accelerator Y Co...

An arrow, photographed with a very shallow depth of field, sits on top of an old map lined with compass lines and navigational aids.
User Guide for SAFE Preferred Stock with Examples

April 12, 2024 | Blogs

The Simple Agreement for Future Equity (SAFE) was introduced in 2013 on the startup accelerator Y Co...

Stay ahead of the law.

Subscribe to receive email updates and choose your topics.