T James Lee

My practice focus is estate planning for ultra high-net-worth inviduals and families, including charitable giving and business formation and structuring. I counsel clients on wealth transfer strategies, including the use of revocable trusts, irrevocable life insurance and gifting trusts, family limited partnerships and LLCs, qualified personal residence trusts, grantor retained annuity trusts, installment sales to grantor trusts, and other sophisticated tax planning techniques.

As an adjunct to my estate planning practice, I advise clients on planned giving methods, and establishing charitable remainder trusts, charitable lead trusts, private foundations, support foundations, public charities, and other tax-exempt organizations and charitable-giving mechanisms. I also advise trustees and executors on their fiduciary responsibilities and tax implications in the administration and distribution of trusts and probate estates.

In designing estate and business plans, I apply an integrated approach enabling clients to reduce personal and business liability exposure, minimize tax consequences, and meet multi-generational family objectives. Estate planning documents and business succession plans can be tailored to provide incentives to beneficiaries and successors (such as children and grandchildren) to become productive and contributing members of society. Incorporating each client’s unique family dynamic into such planning is emphasized.