The Southern California law firm of The Edelstone Law Office, P.C. located in the Century City area of Los Angeles County is a well respected law firm which specializes in the areas of Tax and Estate Planning, as well as business law. Gary H. Edelstone has twenty-six years of experience in the tax and estate planning fields. He is certified as a Specialist in Taxation Law by the California State Bar's Board of Legal Specialization. Mr. Edelstone is well recognized as a leader in the areas of tax and estate planning, as well as probate and trust issues.
Mr. Edelstone is reponsible for the creation and implementation of sophisticated estate plans, often with a view toward minimizing the federal estate tax. In this connection, Mr. Edelstone has extensive experience in the areas of drafting and administering trusts and charitable entities. Including among the techniques that Mr. Edelstone has utilized are Revocable Living Trusts, Irrevocable Trusts, Grantor Trusts, Grantor Retained Annuity Trusts, Charitable Lead Trusts, Charitable Remainder Trusts, Intentionally Defective Trusts, and Private Foundations. Mr. Edelstone also has substantial experience with post- mortem administration of trusts and estates, including Probate administration, the preparation of federal and state estate tax returns, the representation of estates upon examination and in the Appeals Division of the Internal Revenue Service and the California Franchise Tax Board.
- Drafting and administering trusts and charitable entities
- Revocable living trusts
- Irrevocable living trusts
- Grantor trusts
- Grantor retained annuity trusts
- Charitable lead trusts
- Charitable remainder trusts
- Intentionally defective trusts
- Private foundations
- Post-mortem administration of trusts and estates
- Probate administration
- Preparation of Federal and State tax returns
- Representation of estates in appeals
Mr. Edelstone, a certified specialist in Taxation Law, is highly recognized in the income tax planning arena as well as the estate tax planning area. He represents high net worth individuals and their closely-held entity in such matters as real estate tax planning, retirement planning, and the tax structuring and implementation of business entities, business reorganizations, and dispositions of. He is experienced with the tax consequences of forming, operating, and dissolving Limited Liability Companies, partnerships, corporations, trusts, and other entities, and the structuring of stock incentive plans, as well as tax minimization for individuals. Mr. Edelstone also has successfully represented tax clients before the Appeals Division of the Internal Revenue Service as well as the United States Tax Court.
- Taxation law
- Tax planning
- Real estate tax planning
- Retirement planning
- Tax structuring and implementation of business strategies
- Business reorganizations and dispositions
- Forming, operating, and dissolving Limited Liability Companies, partnerships, corporations, trusts, and other entities
- Structuring of stock incentive plans
- Tax minimization for individuals
- Representation of client appeals
Mr. Edelstone is an experienced negotiator and drafter of business agreements of all kinds, including Partnership Agreements, Limited Liability Company Operating Agreements, Corporate By-Sell Agreements, and Agreements to purchase and sell interests in businesses.
- Negotiator and drafter of business agreements
- Partnership agreements
- Limited Liability company operating agreements
- Corporate by-sell agreements
- Agreements to purchase and sell interests in businesses
Although located in Century City, Mr. Edelstone has represented clients throughout Southern California, including: Los Angeles County, San Fernando Valley, San Bernardino, Riverside, Orange County, Santa Monica, Hollywood, Long Beach, Pasadena, Ventura, Westwood, Century City, Beverly Hills, Bel Air, Brentwood, Pacific Palisades, Woodland Hills, Tarzana, Encino, Sherman Oaks, Van Nuys, Studio City, Toluca Lake, and more.
Estate planning is a process to consider alternatives for, to think through, and to set up legally effective arrangements that would meet your specific wishes if something happens to you or those you care about. Good estate planning is more than just a simple Will. Estate planning also typically minimizes potential taxes and fees, and sets up contingency planning to make sure your wishes regarding health care treatment are followed. On the financial side, a good estate plan coordinates what would happen with your home, your investments, your business, your life insurance, your employee benefits (such as a 401K plan), and other property in the event you became disabled or if you die. To accomplish these goals, you need an professional. Gary H. Edelstone has the experience and expertise to protect your assets for your future and the future of your heirs. For additional information on how Mr. Edelstone can assist you, contact us at (310)552-1819.