Taxation/Tax Planning To paraphrase Justice Oliver Wendel Holmes, no one has a patriotic duty to pay any more tax than is necessary.

Why not structure your affairs and transactions so as to minimize the amount of tax you end up paying? There are steps that can be taken. Don't pay tax you don't have to pay.

The only real way to do this is with a formal estate plan. Revocable Trusts, Irrevocable Trusts, Testamentary Trusts, Wills, Family Limited Partnerships, Family Limited Liability Companies and Gifts are a partial listing of the tools available to make your estate plan do exactly what you want it to do.

Asset Protection In today's sue-happy society it just makes sense to limit your exposure to liability as much as you can. The manner in which you own

your assets just may determine whether or not future creditors can reach them. The key is to plan well ahead of time before those creditors exist. Once you have earned it, you better know how to keep it.

governed as well as on how easy it is for the creditors of the business to reach your personal assets. Should you be a "C" corporation, an "S" corporation, a limited liability company, limited partnership, a general partnership, a proprietorship, or some combination of the above? This is a complex question, the correct answer to which lies in the particular factual circumstances of each business client.