Our services.
Estate Planning
Whether you need a simple will or power of attorney or if you need significant estate tax and asset protection planning for a multi-milliion dollar estate, Alan Gluth can assist you, as no matter is too large or too small.
Mr. Gluth has experience with all types of estate planning techniques, including probate avoidance through revocable trusts, as well as estate tax reduction and elimination methods. Mr. Gluth would be happy to meet with you at no cost to discuss your estate planning needs and provide you with a flat fee quote for the work to be performed.
In the event that you face exposure to the federal estate tax, Mr. Gluth can discuss the toolbox of available estate planning techniques, including gifting, family limited partnerships, charitable giving, life insurance trusts, and asset freeze methods. If you make substantial gifts, Mr. Gluth can assist with the reporting of such gifts to the IRS on Form 709
Probate
If a relative or loved one has recently passed away, you likely have questions or need guidance as to how liabilities should be paid and assets distributed. An individual’s assets can pass in a variety of ways upon death, including via beneficiary designation, joint tenancy, last will and testament, revocable trust or intestacy.
Mr. Gluth has assisted many families in transferring assets and dealing with debts and liabilities upon an individual’s death and he would be happy to meet with you at no charge to evaluate your situation and guide you through the probate process.
In the event that an estate is required to file a federal estate tax return (Form 706), regardless of whether tax is due, Mr. Gluth has extensive experience in the preparation and filing of such returns, including all available elections to reduce or defer the amount and payment of tax.
Trust
Many individuals are looking for ways to obtain asset protection for their assets or to avoid probate. Mr. Gluth has broad experience with the various uses of trusts, including revocable “living” trusts, irrevocable life insurance trusts, credit shelter and QTIP trusts, children’s and grandchildren’s trusts, special needs trusts, grantor retained annuity trusts and grantor trusts. Each type of trust accomplishes different objectives and Mr. Gluth would be happy to discuss if a trust would be appropriate for your situation and will explain all aspects of trusts without a bunch of “legalese”.
Non-Profit
Whether you are looking to set up a new non-profit organization or are an existing non- profit that is in need of guidance on a particular activity or transaction, Mr. Gluth can assist you. Mr. Gluth has filed numerous Forms 1023 with the Internal Revenue Service and obtained tax exemptions for 501(c)(3), 501(c)(4) and 501(c)(6) organizations. Mr. Gluth is also familiar with the various Texas, New Mexico and federal compliance rules and regulations applicable to non- profits. If you have a non-profit matter that requires legal advice, please call Mr. Gluth to set up a meeting.
Charitable Giving
Many people don’t realize that there are many ways to give to charity besides outright gifts of cash. Such methods include charitable lead trusts, charitable remainder trusts, charitable gift annuities, remainder gifts of a residence and donor advised funds. Mr. Gluth has experience implementing all of these techniques. If you are looking to reduce or eliminate your exposure to federal estate taxes or desire a stream of income from a charitable gift, Mr. Gluth can assist you in evaluating all charitable giving options to see if any of them satisfy your objectives. If you need assistance in understanding the income tax deduction rules for gifts to charities, Mr. Gluth can assist you with this as well.