New Jersey Estate Planning and Elder Law Attorney

The Law Office of David K. Whitlock

East 80 Route 4, Suite 170
Paramus, New Jersey 07652
USA

(201) 655-7160

www.davidkwhitlock.com

Contact the Firm

Law Firm Overview

The Law Office of David K. Whitlock is an experienced, dedicated law firm based in New Jersey. Our firm offers legal services dedicated to estate planning, estate administration, and the related tax considerations of each. No matter how small or large your net worth, we will meet with you to implement a customized estate plan that will protect the assets you have worked hard to accumulate, and pass them on to your loved ones in a thoughtful and tax efficient manner.

Our estate planning services include establishing wills and trusts in a tax-smart manner. We will always provide the requisite attention and detail necessary to achieve the best results for our clients. We are also sensitive to the financial concerns of our clients and provide them with the anticipated costs before legal services are rendered. Fees are billed at an hourly rate or arranged on a fixed fee.

Practice Areas

Practice Areas Description

We focus our areas on:

- Estate Planning

Our firm provides complete estate planning services to clients throughout various stages of life. Estate planning is the process of "putting your affairs in order" to ensure your hard-earned assets are protected. An estate plan can also ensure your property and assets are passed on to your heirs in an orderly and tax efficient manner. Attorney David K. Whitlock handles: Wills, Trusts, Power of Attorney and Advance, Health Care Directive, and
Estate Tax.

- Probate & Estate Administration

Settling an estate can often be a frustrating time for clients. Clients are emotionally drained from losing a loved one and are not anxious to tackle the burdensome paperwork required to settle an estate. Many law firms offer estate administration. However, it is crucial that clients retain a law firm that has specialized estate administration, estate tax knowledge and probate experience. Our firm takes great care to settle all estates it is retained to administer— filing all required estate and inheritance tax returns in a timely, efficient and professional manner and making sure the client pays the least amount of overall taxes required by law.

- Inheritance and Estate Tax Planning

If you are fortunate enough to retire with significant wealth, you may be interested in learning about our estate tax planning services. We can help you take advantage of the techniques that enable you to reduce estate tax burdens on your heirs. Our firm can help your learn ways on minimizing the inheritance tax on your estate.

- Wills

Each individual and family has unique needs based upon their current stage in life. At The Law Office of David K. Whitlock, we establish custom-drafted wills that pay specific attention to our clients' unique needs. Whether you have a new baby in the family and are interested in establishing a guardianship or you have reached retirement, and have accumulated some wealth and would like to achieve some estate tax savings through the use of a more sophisticated will, we can help. Our firm provides experienced and effective representation to those who are interested in asset protection and ensuring their assets are passed along according to their wishes.

- Trusts

If you are in need of an expert to walk you through establishing specific trusts, Our experienced attorneys handle all trust matters including: Credit shelter trust; Disclaimer trust; Revocable trust; Irrevocable trust; Life insurance trust; Grantor retained annuity trust; Generation skipping trust; and Charitable remainder trust.

- Living Wills & Powers of Attorney

Does your family know your wishes regarding health care decisions and financial matters? Even if your family does know what your wishes are, it can benefit you to have legal documents providing directives in the event you become ill or incapacitated. Our firm can establish a durable power of attorney and a living will—two documents that may become necessary for many families. Our attorneys can help you in learning more about how a power of attorney or living will can be included in your estate plan.

- Elder Law/Medicaid Planning

Our firm can meet with your family to establish a personalized and comprehensive elder law plan for your loved one. This elder law plan will incorporate all appropriate and available legal and financial techniques. We establish elder law plans designed to obtain the best medical care that is available while preserving the family's wealth. We handle Long term health care insurance; Asset transfer planning; Trusts; and Spend-downs.

- Tax Audits

Worried about Income and estate tax audits, Appeals to the IRS Appellate Division, and Tax court litigation? Our firm has extensive experience advising taxpayers in adversary tax proceedings. This includes at the audit level, the appellate level, and in litigation involving the Internal Revenue Service (IRS) and state taxing authorities. Our firm's founder, Attorney David K. Whitlock, has a master's degree in tax law from New York University. NYU's tax masters program has long been recognized as the leading program in the country. If you have received a tax audit notice from the IRS, consider the experience and dedication of our firm to handle the audit on your behalf.

- Business Succession Planning

Our attorneys assist clients with business formation by reviewing the goals and individual facts present in each situation to recommend the best entity for the client. We advise our clients about the following: Formation; Dissolution; Limited Partnerships; Limited Liability Companies (LLCs); Incorporations (“S” and “C” Corporations); Cross-Purchase and Redemption Agreements (Buy-Sell Agreements); and Tax planning and structure.