The Inheritance and Succession Practice Group comprises a team of attorneys, paralegals, and support staff who possess an in-depth understanding of the intricacies involved in estate planning and successions. The Tax Department’s attorneys are experienced in crafting comprehensive strategies tailored to the unique needs of each client, including high-net-worth individuals, individuals with tax exemption decrees for Individual Resident Investors under Act 60-2019 or Act 22-2012, families, business owners, and entrepreneurs, ensuring the seamless transfer of wealth and assets while minimizing potential tax implications.
We Handle
- Estate Planning: The firm’s estate planning services focus on providing clients with customized plans to safeguard their assets and ensure a smooth distribution of wealth upon incapacitation or death. These plans often include wills, trusts, living wills, and durable powers of attorney.
- Estate Partition and Administration: The group assists clients in navigating the complex inheritance and succession process, ensuring the lawful distribution of assets and the fulfillment of the decedent’s wishes and/or as applicable under applicable law in both intestate and testate estates. Their experience covers all aspects of estate partition and administration counseling and related matters, resolution of potential disputes, court filings (heirship declaration), tax and estate tax compliance, and related tax issues.
- Inheritance Disputes and Litigation: In the unfortunate event of inheritance disputes, the firm’s attorneys are skilled in resolving conflicts through mediation, negotiation, and, if necessary, litigation. They strive to protect the rights and interests of beneficiaries and heirs, while upholding the decedent’s intentions.
- Asset Protection: Our attorneys provide counsel on asset protection strategies, shielding clients’ assets from potential creditors, lawsuits, and unforeseen circumstances.
- Business Succession Planning: The firm assists clients in developing a strategic process that involves preparing and implementing a detailed plan for the successful transition of leadership and ownership within a company.
If you require assistance with inheritance and succession law matters in Puerto Rico or have questions about estate planning, or inheritance disputes, don’t hesitate to contact our Inheritance and Succession Practice Group. We are ready to guide you through every step of the process and help you secure a stable future for yourself and your loved ones.
