Krauthamer & Stahl prepares individualized estate plans to meet the specific needs of our clients. We do not take a one-size fits all approach. We are experienced in drafting both simple and complex estate plans. We will meet with you and craft an estate plan that prioritizes your needs, whether it be creditor protection, incompetency planning, life insurance trusts, estate tax planning, charitable gifting, preserving assets for future generations, or irrevocable and revocable trust preparation. Our services include coordinating retirement plan assets and life insurance into the overall estate plan. We also assist clients with funding revocable trusts. Our estate planning services include the preparation of durable financial powers of attorney, advanced health care directives and health care powers of attorney.
Estate & Trust Administration.
The loss of a loved one can be overwhelming - emotionally and financially. We are here to assist you in the administration of the deceased’s assets - from locating and valuing assets for estate and income tax purposes to preparation and filing of court required probate documents to the ultimate distribution of assets. We will advise you regarding estate and inheritance tax and prepare the federal and/or state estate tax return if required or recommended. If the decedent had an irrevocable or revocable trust, we will prepare and distribute the statutory notices, obtain new tax identification numbers, prepare annual accountings, coordinate with the tax accountant in the preparation of the fiduciary income tax returns, and advise you regarding funding and liquidation issues in light of income tax consequences. From the smallest tasks to the most complex, we are experienced, knowledgeable and thorough.
Special Needs & Disability Planning.
Krauthamer & Stahl represents many disabled individuals and their families. We work to match the individual needs of the client with the appropriate program or social service agency. We routinely prepare estate planning documents to meet the needs of a disabled beneficiary and preserve assets as necessary for the disabled person's benefit. Our firm has many ties to the social service programs in Montgomery County and the Washington, DC area and we regularly work with CHI Centers, Jewish Foundation for Group Homes (JFGH), Jewish Social Service Agency (JSSA), ARC, and Plan of Maryland-DC, Inc. among others. These deep connections allow us to meet the evolving needs of a disabled client from childhood through adulthood. Harold Krauthamer is one of the founding members of JFGH.
Small Business Representation.
Krauthamer & Stahl represents many small businesses and provides services including entity formation, employment agreements, sales agreements, tax planning and advice, succession planning, and such other issues that arise when you are a small business owner. Our services are often used in conjunction with an overall estate plan. If your business is just an idea at this point, we can provide you with the guidance needed to determine whether you should form an LLC, a Corporation, or other entity, what tax elections you should make, as well as prepare and file the necessary paperwork. We handle complex business transactions, advise on tax issues, prepare sales contracts, employment contracts, and draft shareholder and operating agreements.
Krauthamer & Stahl, through our full service boutique settlement company, Friendship Title, Inc., provides title and settlement services. Krauthamer & Stahl provides counsel on like-kind exchanges and Friendship Title regularly acts as a Qualified Intermediary for like-kind exchanges. Krauthamer & Stahl prepares contracts for the sale of residential and commercial real estate, reviews real estate contracts, drafts easements and land use agreements, and prepares shared equity agreements. Krauthamer & Stahl can provide an opinion of title to lenders and advise on tax, lien and title issues in relation to real estate.