Private Wealth Planning

Hodgson Russ provides comprehensive, personal, and strategic legal representation on wealth management matters for high-net-worth individuals and families, privately owned companies, fiduciaries and foundations. With over 200 years of experience, our firm understands assets and wealth. We have been helping families and organizations with wealth management and wealth transfers for generations. This level of experience has allowed us to appreciate that each family and enterprise is different and requires its own custom solution.

Our plan designs are highly personal, unique to the individual circumstance, and structured to minimize tax liability and exposure while remaining sensitive to each family’s individual dynamic. We counsel clients on the full spectrum of wealth planning issues. Our offices are conveniently located throughout New York State in Albany, Saratoga Springs, Buffalo, Rochester, and New York City; in Palm Beach, Florida; and in Toronto, Ontario, Canada. We’re proud to serve clients in these locations and other domestic and international jurisdictions.

Estate Planning

Our team has extensive experience and knowledge of sophisticated estate tax and wealth preservation strategies. We create plans to minimize estate tax and maximize wealth preservation for the next generation. Remaining at the forefront of new legal developments and techniques, we stay proactive by bringing new ideas and opportunities to you.

Trust Administration

We can handle any complex trust matter, including tax issues, trust reformations and decantings, beneficiary concerns, risk management planning, and other tasks. In this capacity, we work to protect your interests whether you already have a trust or need to create and manage a trust to protect your assets. Our attorneys work with trusts in numerous domestic and international jurisdictions, giving the team a breadth of knowledge in addressing issues that arise with international or cross-border trusts. And with a Delaware-licensed attorney on our team, we have the bench strength to advise you on the many opportunities and advantages of creating Delaware trusts or moving existing trusts to Delaware.

Philanthropic Planning

Nonprofit organizations and individuals who want to conscientiously use their assets to make a significant charitable impact turn to us for assistance with corporate governance questions, tax concerns, grants, and other aspects of philanthropic projects. Our team works to ensure your foundation is fully compliant and does the greatest good for the greatest number.

Business Management and Business Succession Planning

Running a business can create questions around tax issues, structure, international business practices, and more. We work with our team of Hodgson Russ tax and corporate attorneys to create customized solutions and plans for your company so that you can focus on growth and profitability. And when it is time to pass the baton to the next generation, our team will craft a business succession plan that allows for a seamless transition and promotes equity and sustainability.