Structuring Trust-to-Trust Transfers to Address Deficiencies in Existing Irrevocable Trusts

Mr. Aiello helps business owners solve legal problems to secure revenue flow and reduce business risks. As a lawyer and business owner he has firsthand experience handling complex commercial litigation and transactional matters for his clients. Mr. Aiello's client base spans a broad spectrum of businesses including household-name consumer brands, banks, construction companies and family ventures. As legal counsel he advises personal family foundations on managing and protecting their wealth. While each of Mr. Aiello's clients may take on a unique shape or size, they all face complex legal and business challenges, which is precisely where he has focused his commercial legal practice.

Ms. O’Neil works with high-net worth individuals and business owners to craft estate plans that meet their goals of business succession planning, tax planning, and charitable giving. As part of her complex estate planning practice, she drafts many different types of revocable and irrevocable trusts for clients. These trusts include asset protection trusts, grantor and non-grantor spousal limited access trusts, intentionally defective grantor trusts, self-settled trusts, children’s trusts, annual exclusion gifting trusts, incomplete gift non-grantor trusts, single asset revocable trusts, charitable trusts, supplemental needs trusts, retirement trusts, real estate investment trusts, farm trusts, and cabin trusts. Additionally, Ms. O'Neil works with clients to establish the traditional “core” estate planning documents that every plan needs – wills, financial power of attorneys, health care directives, and as needed, revocable trusts. Her approach with every estate plan is to identify cost-effective options to transfer assets at death outside of court proceedings, especially given that a methodical approach now can save her clients and their families thousands of dollars by avoiding probate later.