Youngman Ericsson Scott, LLP is a boutique law firm emphasizing tax, trusts and estates, business, and real estate matters.
Regarded as the premier regional law firm for both cutting-edge tax and estate planning, as well as federal tax controversies and litigation, our attorneys take pride in their ability to listen, counsel, and execute. Whether it is during the preparation of a simple estate plan or a complex corporate merger, our attorneys share the uncommon ability to explain conceptually difficult legal principles in a straightforward manner.
Most importantly, though, is that the firm’s boutique size allows us to forge and maintain lasting professional relationships with clients that oftentimes span decades. Our attorneys provide the same top-quality services as the big firms but without removing the important human element from the equation. And at Youngman Ericsson Scott, LLP we believe this makes all the difference.
At Youngman Ericsson Scott, LLP we give our clients peace of mind in knowing that their affairs are in order. We help our clients achieve their goals and ensure that their assets are left in the proper hands. For over 20 years, we have designed a wide-range of estate plans for estates of all sizes.
From a basic estate plan for a client with a modest estate to the client with an estate of over half a billion dollars that requires a very complex and sophisticated plan designed to minimize and defer the payment of taxes, each estate plan is individually tailored to the client's unique situation and desires. We concentrate on implementing the client's vision for their family and community.
Youngman Ericsson Scott, LLP tax planning experts analyze events or transactions that present potential opportunities for tax savings and then, using various techniques, implement a plan to avoid, defer and/or reduce income taxes that might otherwise be incurred.
For over 20 years, we have negotiated and structured purchases and sales of real property for our clients. We regularly consult on tax-deferred exchanges. We draft and implement commercial leases and other agreements affecting ownership and occupation of real property. We assist our clients with long-term planning by developing strategies to defer or reduce taxes and protect against potential creditor risks in real estate transactions.
Choosing the form of entity to conduct business or hold assets is an art that combines critical analysis and informed intuition derived from experience. Successfully planning to protect against contractual or tort liability, promote managerial and operational efficiency, and minimize income, employment, transfer, and property taxes requires listening to the client's vision, allowing the client to make an educated decision, and forming the corporation, general partnership, limited partnership, limited liability partnership, limited liability company, trust, or joint venture agreements.