John W. Thatcher, Esq.
Mark H. Chazin www.gklegal.com
Mr. Chazin’s primary practice areas involve estate and tax planning, estate and trust administration, elder law and Medicaid planning, health care practices, and business sales, purchases, formations and contracts.
Estate and Tax Planning. Mr. Chazin has represented many families and individuals in planning and implementing estate plans designated to minimize the impact of the Federal and State Estate and Gift Taxes. These plans include the drafting of complex Wills with trust provisions, including Credit Shelter Trusts, QTIP Trusts (primarily for second marriages), QDOT Trusts (for non-US citizens), Special Needs Trusts (to preserve eligibility for governmental benefits), and Generation-Skipping Transfer Trusts (to save estate taxes by the next generation). These also include separate trusts like Living Trusts (for minors or those with special needs), QPRTs (qualified personal residence trusts), Grantor Retained Trusts (GRATs and GRITs), Charitable Remainder and Lead Trusts, and Irrevocable Life Insurance Trusts (ILITs for individual life insurance coverage as well as “second-to-die/survivorship” coverage). He advises about and prepares the necessary documents for Family Limited Partnerships in order to take advantage of the planning and valuation benefits afforded by those entities. He has extensive experience in the preparation of General and Limited Powers of Attorney, Living Wills, and Health Care Powers of Attorney (proxies).