Extremely knowledgeable, patient, respectful and absolutely brilliant at composing legal correspondence. Adam is an excellent attorney at both preparing legal documents to avoid complications and litigating to help resolve complications.
Advanced estate planning is required for individuals who have either complex asset structures or complex family structures. Our adept San Jose complex estate planning attorneys work to preserve business interests, valuable collections, real estate portfolios, and other complex assets for heirs and beneficiaries. We accomplish asset preservation and succession while helping clients minimize estate taxes, avoid probate, and ensure the right trustee is appointed to manage those complex assets. From charitable remainder trusts to qualified personal residence trusts, we counsel our clients on the needs of basic vs. advanced estate planning.
At the foundation of our work, Ferguson Law Group works efficiently to allow you as much time as possible with loved ones. The FLG trust lawyers offer irrevocable trusts, family limited partnerships, or California limited liability companies (LLCs) for advanced estate planning in San Mateo County, Santa Clara County, and within California. An irrevocable trust is created by the settlor, which cannot be revoked once created. Often, the purpose of an irrevocable trust is tax reduction and the transfer of assets.
A charitable trust is an arrangement that donates assets to a charity or nonprofit organization. Donors can avoid capital gains taxes by donating appreciated assets (stocks, mutual funds, or ETFs) to charitable trusts. Donors may also receive income from the trust during their lifetime or for a specified period of time.Â
A children’s trust is a fund that can be created in a will or a revocable living trust that manages a child’s assets until they are old enough to manage themselves. A trusted adult – the trustee – is appointed to control the assets and make decisions on behalf of the child until the child is of age. This fund can be used to avoid probate and reduce taxes.
An irrevocable life insurance trust is a legal arrangement with a life insurance policy, the proceeds of which are distributed after the insured’s death. ILITs are designed to reduce the insured’s estate tax burden and to ensure the policy’s benefits are used as intended.
IDGTs are a type of trust that allows the grantor to keep the income tax liability for the trust’s assets while removing them from their estate. This can be used to reduce estate taxes, especially when the trust assets are expected to have taxable income, such as business holdings, financial instruments, and real estate.
A QPRT is an irrevocable trust that enables the grantor to remove a personal home from their estate to reduce the amount of gift and estate taxes owed upon transfer to a beneficiary.Â
A GRAT enables assets to be transferred to a trust while the trustor retains the right to receive payments from it. GRATs are often used to reduce estate taxes and make large gifts to family members without incurring gift taxes.
Our estate planning attorneys can also help craft Special Needs Trusts (also referred to as Supplemental Needs Trusts), Credit Shelter Trusts, QTIP Trusts, Family Limited Partnerships, and more.Â
Businesses or entrepreneurs planning to safeguard their legacy through succession planning may require legal counsel to craft a business estate plan. The San Jose business succession estate planning attorneys at Ferguson Law Group represent clients seeking guidance from our competent and caring trusted advisors on the array of challenges and opportunities they might encounter throughout the business life cycle.
Extremely knowledgeable, patient, respectful and absolutely brilliant at composing legal correspondence. Adam is an excellent attorney at both preparing legal documents to avoid complications and litigating to help resolve complications.
I have known Adam for the past ten years. He has been [an] advocate for many of my client’s estate planning needs. His professionalism and thorough knowledge of the law has been an asset to our community. Adam is a family man and understands the dynamics it takes to follow through with asking the right questions to follow through with any complex ideas that may arise from multiple generations. You will be thrilled to work with Adam.
Adam Ferguson was very helpful to me in determining whether to move forward with a law suit. In the end we decided against it, so I didn’t actually use his services. However he was extremely responsive to all of my questions, and took the time to explain carefully. I would not hesitate to use him if I had a case!
I would highly recommend working with Adam Ferguson from Ferguson Law Group. His informative advice and expertise in working with family members, pertaining to my Mother’s Trust, prepared us for the future and gave us suggestions for a better outcome that I never would have thought of. Thank you Adam!
Adam is extremely diligent and professional. We had a rare case and Adam was so nice in helping depose my family when one of my grandparents fell ill and passed away at a time their estate planning was an absolute mess. Adam and his team are extremely knowledgeable and well versed in the areas of estate and business planning. Highly recommend.
Adam helped us build our family trust and guided us through ALL the other documents we needed to have for our family should there be an emergency. He was smart and explained everything to us in a way we could understand so we felt confident in our documents. Adam also give me a great recommendation for a lawyer that works in a different specialty.
Adam and staff are a great team. My wife and I felt like we were valued as clients from the moment we met in his office. Adam sat down with us and explained trusts and answered all of our questions. His staff was always there to handle any other questions and concerns, appointments, etc. I was referred to the Ferguson Law Group by a client, and will definitely forward Adam’s contact to any friends and family who need to work with a trust attorney.
I have used the legal services of Adam Ferguson and his team for over 10 [years] with excellent results. He’s knowledgeable, reactive to my communications and I appreciate the thorough and accurate advice I have received. Specifically, I have used his estate planning, trust preparation, LLC and Incorporation assistance. If you’re looking for a bright, honest lawyer, be confident in choosing Adam.
My husband and I had been putting off updating our trust for quite awhile. Once we made the decision, we were glad we did. Working with Debra was so comfortable. She was very professional and thorough making sure we understood every page of the documents created for us before the final signing. The atmosphere in the office was pleasant and friendly.
We recommend Ferguson Law Group highly.
[Ferguson Law Group is] Great to work with, Debra was especially great. Appreciate her and Theresa willing to come in on a Saturday to accommodate us to sign documents. Very thorough and quick in their work. Had our estate binder less than a week after we signed and they took care of the retitling with the county for our house, etc. and thoroughly explained what we needed to do to make the changes on our bank accounts. Would highly recommend!!