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Greenberg & Co. is a Connecticut, USA based law firm, offering both US and International clients a unique blend of practical knowledge and personalized service.

Our practice has a focus in three distinct, but related areas:

  • Corporate/Business/Commercial Law, including Foreign and Domestic Business Structures, Business Formation, and Contracts;

  • Trusts and Estates, including Estate Plans, Trusts, Wills, Tax Analysis/Planning, plus Charitable Giving Strategies; and

  • Asset Protection, including Foreign/Domestic Restructuring; Family Limited Liability Companies, and Foreign Asset Protection Trusts.

The Firm also provides Turnaround Services to closely held distressed entities.

Some clients choose to take advantage of our resources and experience by engaging us as General Counsel for their closely held businesses. Others use our services for either business or personal representation on a transactional basis for a specific structure, entity formation, or contract. In either situation, you will find that we consistently provide capable, quality representation, with an emphasis on personalized service. Our client retention rates are exceptional, because year after year we make the effort to understand what our clients need and deliver the solution in a cost effective manner.

Over our many years of operation the firm has developed excellent relationships with a large number of domestic and foreign corporate service providers, financial institutions and specialized legal/tax advisors. This substantial network of professional contacts allows us to provide clients with a variety of options and solutions for their particular needs, irrespective of the geographic location of the client or our office. In most situations we can deliver a creative local or multi-jurisdictional solution, depending on the client’s requirements.

 

THE IRREVOCABLE LIFE INSURANCE TRUST

Life insurance is something that many of us own. For some, it is simply a means to provide additional support for our family. For others, it may play a greater role in overall estate and tax planning. Unfortunately, many people are unaware of the potential tax consequences of how such policies are held, or in some cases who the beneficiaries are. Life insurance proceeds can fall outside of an insured’s estate, which is extremely beneficial from a tax planning perspective. However, this will not always occur, and the ramifications can be extremely costly.

By owning life insurance on their own lives, many people unknowingly risk the possibility of having the proceeds of that policy become subject to estate taxes. When one owns...

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