Estate Planning

The Law Office of Peter L. Shaw offers comprehensive, tax-sensitive estate planning for clients in the greater Houston area, with particular expertise in crafting creative estate planning strategies for high net-worth individuals.

Estate Planning

Firm principal Peter L. Shaw recognizes that every client's situation is unique and invests the necessary time in getting to know you, your financial situation, and your desires and objectives. Mr. Shaw then prepares an estate plan designed to accomplish your goals, minimize tax consequences, avoid the need for probate administration, and provide a plan in the event of your subsequent incapacity or disability. 

Mr. Shaw's areas of expertise include:

  • Last Wills
  • Revocable and Irrevocable Intervivos or Testamentary Trusts
  • Statutory Durable Powers of Attorney
  • Durable Medical Powers of Attorney
  • Directives to Physicians
  • Declarations of Guardian in the Event of Later Need
  • Irrevocable Life Insurance Trusts (ILITs)
  • Qualified Personal Residence Trusts (QPRTs)
  • Supplemental Needs Trusts (SNTs)
  • Qualified Domestic Trusts (QDTs) for non-U.S. citizen spouses
  • Retirement Benefit Planning, including coordination of beneficiary designations and the use of Conduit Trusts

Mr. Shaw is known for using creative and progressive planning techniques that seek to minimize income, estate, gift and generation-skipping transfer taxes, preserve family harmony, and simplify administration of your assets while accomplishing your objectives.

Wealth Preservation Planning and Business Planning

Mr. Shaw advises clients on wealth preservation strategies including the use of various forms of grantor retained interest trusts and charitable trusts. He also assists clients with business entity formation, business planning and transactions, including the use of Family Limited Partnerships (FLPs) and Limited Liability Companies (LLCs).

Probate Administration of Decedent's Estates

Probate refers to the process where a court oversees the administration of a deceased person's estate to ensure that any final debts and expenses of the decedent are paid, including any taxes owed and settlement of any claims by creditors. Ultimately, the probate process involves the distribution of remaining assets to the beneficiaries named in the decedent's will, or if the decedent died without a will, or "intestate," the decedent's estate will be distributed to the decedent's heirs as defined under Texas laws governing intestate succession. Mr. Shaw represents executors and administrators in the probate administration of decedent's estates.

Trust and Estate Administration

Mr. Shaw offers comprehensive trust and estate administration services, including post-death tax planning and advice regarding the use of disclaimers. He prepares the documents necessary to effectuate the transfer of assets to the beneficiaries and advises clients on tax issues related to the administration of the trust. Mr. Shaw also represents clients in Internal Revenue Service examinations of gift and estate tax returns. For further information on Mr. Shaw's taxation law practice, see the taxation, tax compliance and tax controversy and litigation page.

For personalized representation in an estate planning, probate, or trust administration matter, contact the Law Office of Peter L. Shaw for a consultation.

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