Description
Are you ready to take your career to the next level with a dynamic, purpose-driven law firm? Are you a sharp and driven Attorney with extensive Estate Planning experience, dealing with sophisticated high-net-worth clients?
Do you exemplify our core values: Are you Hungry, Scrappy, Smart, Anti-Fragile, and Take Ownership to get things done?
If you are, look no further!
At our Trusts & Estates Law Firm, we are passionate about helping clients preserve and protect their legacy, and we are seeking a driven and dedicated Experienced Estate Planning & Asset Protection Attorney who shares our mission and values to join our growing team.
Compensation:
$180,000 plus Origination and Full Benefits.
As soon as you apply, you will be sent a practical Skills Assessment where you will rank yourself 1-4 to see if you qualify for this role and where you fall in the general spectrum of knowledge in this practice area.
MUST HAVE ENOUGH PRIOR EXPERIENCE WORKING WITH SOPHISTICATED HIGH NET WORTH (HNW) ESTATE PLANNING & ASSET PROTECTION MATTERS TO WORK MOSTLY INDEPENDENTLY.
Please review the Job responsibilities below. If you don't know what those things are and have worked on them many times before, save us the trouble and yourself the time - do not apply to this position. You can check our website for more junior positions.
If all you know how to do is basic revocable living trusts, do not apply at all.
Responsibilities
When you apply, you will be sent a self-assessment to determine the level of skill and knowledge in this area of law.
• Analyze sophisticated trust and estate planning matters to develop effective strategies and solutions for clients.
• Have experience with sophisticated /HNW domestic estate tax and asset protection planning.
• Analyze and prepare complex estate and gift tax planning structures, including various corporate transactions and trusts, such as ILITs, SLATs, QPRTs, and IDGTs.
• Coordinate the preparation and filing of tax forms such as Federal Form 706 and Form 709, ensuring compliance and accuracy.
• Provide expert advice on trust and estate planning documents, trustee responsibilities, beneficiary rights, and distribution tax implications to clients.
• Administer individual and family trusts, overseeing investments, banking activities, real estate holdings, and ensuring tax compliance.
• Prepare trust/fiduciary accountings for Attorney-Trustees, manage financial statements, income, disbursements, and deliver accountings to beneficiaries.
• Review and approve Foundational Estate Plans before submission to clients.
• Draft comprehensive estate and gift tax planning structures, as well as corporate transactions, including preferred partnership freezes, Family Limited Partnerships, ILITs, SLATS, intentionally defective irrevocable trusts, and tax-free reorganizations.
• Prepare and file Federal Form 706 for Estate and Generation-Skipping Taxes, coordinate with clients and service providers (CPAs, Financial Advisors, Insurance Providers) to receive supporting documentation.
• Prepare and file Form 709 for United States Gift Taxes for transfers to individual donees, gifting trusts, generation-skipping trusts, etc., and ensure proper tax treatment with respect to cost basis, lifetime gifting exemptions, and split-gifts.
• Advise Trustees in ongoing trust administrations.
• Analyze trust and estate planning documents and advise clients with respect to trustees' powers and duties, dispositive provisions, beneficiary rights, and tax treatment of distributions.
• Administer individual and family trusts with respect to investment and banking activity, real estate investments, including rental properties, corporate and partnership interests, and ensure federal tax compliance.
• Lead the Team of professionals in the Foundational Estate Planning Dept.
Qualifications
• Membership with The Florida Bar is a requirement for this position.
• Will consider someone with the required skill set who is moving from another state and is waiting to take the next FL bar exam
• LLM is not required.
• Demonstrated experience in Estate Planning, Estate Tax Planning, Asset Protection, and Trust Administration is essential to showcase proficiency, certainty, and most of all, independence in this role.
• Being a constant learner and having the ability to quickly grasp new legal concepts in a constantly evolving field is crucial.
• Proficiency in using drafting software like WealthDocs and Client Management Software such as Clio is a must.
• Fluency in Spanish is a plus.
• This is an in-office position located in Coral Gables in Miami-Dade County, Florida, not a remote role due to frequent client visits.
