Jeff Chadwick is an associate in the Wealth Preservation Practice Group and maintains an office in both Houston and The Woodlands. Jeff focuses his practice on sophisticated trust and estate planning for business executives, closely held business owners, and other high net worth individuals and families. He strives to provide innovative and practical solutions to a wide range of legal matters, including wealth transfer planning, business formation and structuring, asset protection planning, planned charitable giving, trust modifications, pre- and post-marital planning, and the administration of trusts and estates.
Jeff is a frequent speaker at tax and estate planning seminars around the country and has authored numerous articles appearing in estate planning publications and law reviews. Jeff is also an active member of many professional organizations and serves on the Texas Trust Code Committee, where he is responsible for monitoring issues affecting trusts in Texas and developing legislative proposals for additions and changes to the Texas Trust Code.
Before settling in Texas, Jeff began his career in Richmond, Virginia, where he was named a Virginia Rising Star by Thomson Reuters. Jeff has maintained his Virginia law license and regularly counsels clients transitioning from Virginia to Texas, or vice versa, with regard to their estate planning matters.
- Design and prepare core estate planning documents, including wills, revocable trust agreements, and medical and financial powers of attorney
- Assist clients relocating to Texas with regard to their estate planning and marital property matters
- Advise executors, trustees, and beneficiaries regarding all matters pertaining to the funding, administration, taxation, and distribution of estates and trusts
- Design, implement, and monitor sophisticated wealth transfer techniques, including gifts to family trusts, installment sales to grantor trusts, grantor retained annuity trusts (GRATs), irrevocable life insurance trusts (ILITs), qualified personal residence trusts (QPRTs), and inheritance trusts
- Help clients shift new investment opportunities and pre-liquidity interests in businesses, real estate, and other appreciating assets to trusts or entities for their children and other family members in a tax-efficient manner
- Structure family limited partnerships and limited liability companies to own and manage family farms and ranches, oil, gas, and other mineral interests, commercial and residential real estate, and other income-producing assets
- Assist clients with planned charitable giving, including the creation of charitable trusts, private foundations, and other non-profit organizations, and the filing of applications with the IRS for tax-exempt status
- Assist business owners and their families or key employees with succession plans to transfer ownership and management of closely held businesses in a tax-efficient manner
- Prepare and review prenuptial and post-marital agreements
- Obtain private letter rulings from the IRS on estate, gift, and generation-skipping transfer (GST) tax matters
- Assist trustees with judicial and non-judicial modifications to irrevocable trusts through techniques such as trust decanting, trust combinations, and trust divisions
- Prepare, review, and file federal gift tax returns (IRS Forms 709) and federal estate tax returns (IRS Forms 706)