Tommy Grace concentrates his practice primarily in the areas of estate and tax planning, including the drafting of wills and trust agreements; estate and trust administration; estate, gift, income, and generation-skipping transfer (GST) tax matters; the set-up and administration of private foundations; and techniques and structures to preserve and transmit wealth within families.
Clients consider Tommy a trusted advisor. He frequently represents numerous members of a family in connection with their estate planning matters, often extending across two or three generations, which helps to provide continuity of goals and asset management for the family. This often includes coordination of corporate activities and ownership with estate and financial planning issues.
Tommy assists clients in implementing the most sophisticated techniques to mitigate gift, estate, GST, and income taxes. Tommy's clients include public-company executives, founders and principals of closely held businesses, and other high-net-worth individuals and their families.
Tommy frequently serves as a fiduciary for his clients, who appreciate having experienced, independent oversight of their assets. This affords clients a steady hand and provides a professional to work with their family members in administering trust assets and in carrying out their goals.