Private Wealth Law

McDonald Carano represents high net worth individuals, families, and family-owned businesses located in Nevada, across the U.S., and throughout the world with personal and business interests in Nevada. Our team advises on estate and tax planning (from the simplest of wills to the most complex of irrevocable trusts and probate and conservatorship issues), trust and estate administration, and business succession planning. Our expertise includes uncontested and contested probates, conservatorship, and trust proceedings. We also work on high net worth estate and gift tax returns, represent clients in tax audits and requests for private letter rulings, and advise closely held and family businesses. We also advise financial institutions regarding fiduciary and custodial issues and serve as a trusted advisor on generational skipping transfers, probate, and post-death trust administration. Our attorneys are particularly highly regarded for the formation, operation, and governance of family trust and retail trust companies. We also assist high net worth clients with charitable giving goals, including establishing tax-exempt public charities and private foundations. Nearly all our attorneys have an LL.M. in tax or estate planning and several are licensed CPAs and fellows in the American College of Trust and Estate Counsel. We also have TEP designation from Society of Trust and Estate Practitioners and Accredited Estate Planner by the National Association of Estate Planners & Councils.