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Attorney Progile - Sandra L. Clapp

Examples of Planning Experience

Estate Planning

Wills

  • Simple provisions
  • Credit shelter or bypass trusts
  • Marital trusts
  • Charitable bequests

Trusts

  • Inter vivos or revocable trusts
  • Educational trusts
  • GRITs
  • Irrevocable life insurance trusts
  • Dynasty trusts
  • Court-approved testamentary trusts

Guardianship and Conservatorship

  • Guardianship and conservatorship petitions for appointment of fiduciaries
  • Documents relating to estate accountings and court approval of proposed transactions
  • Prepare documents terminating guardianships and convervatorships
  • Represent fiduciaries in proceedings including review of visitors reports, addressing concerns of attorney for incapacitated person, attending court hearings, addressing disputed issues, and court hearings
  • Appointed by court to act as guardian ad litem in such proceedings
  • Represent alleged incapacitated person to contest imposition of guardianship or conservatorship

Family Limited Partnerships or Entities

  • Advised clients on use of family limited partnerships and LLCs to fractionalize interests for estate taxation discounts
  • Drafted agreements for limited partnership and prepared and filed certificates of limited partnership with Secretary of State
  • Reviewed and calculated estate discounts for entity interests
  • Reviewed and applied Internal Revenue Code and rulings applicable to family interests
  • Prepare gifting documents

Charitable Planning

  • Planned Gift preparation
  • Charitable remainder trusts
  • Remainder interests in assets
  • Private foundations
  • Creation of tax exempt public charities, including all Internal Revenue Service filings

Family Business Interests

  • Option contracts
  • Redemption on or purchase agreements
  • Gifting
  • Liquidity and succession planning to continue business after death
  • Liquidate or sell business after death or disability

Estate Administration

Formal and Informal Proceedings

  • Informal applications for probate and appointment and petitions for formal probate of will and appointment
  • Represent clients in supervised probate proceeding and prepare pleadings for court approval of all distributions and transactions

Administration of Estate

  • Organize and value estate assets for court inventory and estate tax returns
  • Review and approve 706 and state estate tax returns
  • Represent personal representative in administering and distributing estates, including funding of trusts, selling of property, qualification of corporate personal representative in other states, determining expenses of administration, conducting ancillary probates outside of Idaho, and calculating and finalizing distribution of estate
  • Represent heirs or beneficiaries to ensure rights are protected

Estate Disputes and Claims

  • Negotiate and prepare settlement agreements between interested persons and prepared petitions for court approval of settlement agreement
  • Represent clients in contesting proposed estate distribution
  • Represent creditors in petitioning court for accounting and inventory of estate assets and allowances of contingent claim arising from ongoing non-probate litigation

Ancillary Proceedings

  • Represent non-resident clients in preparing ancillary probate documents
  • Retain counsel from other states to conduct ancillary probates in those jurisdictions and review and approve ancillary proceedings

Examples of General Business Experience

  • Formation of corporations, LLCs, limited partnerships, limited liability partnerships, general partnerships, and related documents
  • Buy and sell businesses
  • Shareholder agreements
  • Employment contracts
  • Employee incentive agreements
  • Annual minutes and reports
  • Act as general counsel for family business interests and coordinate all family advisors, attorneys and projects
  • Liquidate and close businesses
 
 
 
1025 S. Bridgeway Place Suite 180
PO Box 2660
Eagle, Idaho 83616

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