NEWS
Michael Sampson Featured in Construction Magazine Network Article on Family Business Trusts
April 8, 2021
Michael Sampson, chair of Maslon's Estate Planning Group, was quoted extensively in an article for Construction Magazine Network titled "Protecting Valuable Assets from Outside Threats." The article discusses ways businesses of all sizes can establish business trusts to solve critical problems, including to avoid probate and protect assets.
Among his many points of advisement featured, Michael shares, "Sometimes people take control too far by not including enough flexibility for the beneficiaries. As a result, what seems like a reasonable provision in a trust today might make no sense some years down the road."
To read the full article, go to: Construction Magazine Network, "Protecting Valuable Assets from Outside Threats."
Michael's legal practice focuses on high-end estate and tax planning, estate and trust administration, charitable planning, and business succession planning. Michael helps his clients focus on what it is they really want to accomplish with their wealth. After assisting his clients in identifying their specific wealth planning goals, Michael works with them and their other professional advisors to develop and implement wealth transfer strategies that are consistent not only with their goals, but also with their cash flow needs and tolerance for risk.
It is this practical focus on the real-life impact of wealth transfer planning that distinguishes Michael's approach from that of the typical estate planning attorney. Beyond preparing legal documents, he also serves as his clients' wealth coach, personal CFO, professional pest, and skeptic-for-hire. Michael also provides his clients with access to his deep network of contacts, which often leads to solutions for many of life's little problems, even if they're completely unrelated to what you would normally think of as "estate planning."