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	Movers & Shakers

	The Internal Revenue Service Provides Interim Guidance Regarding The Deductibility of Investment Advisory Fees for 2007 Income Tax Returns Filed By Trusts and Estates
	Supreme Court Holds Trust's Investment Advisory Fees Not Fully Deductible
	2007 Estate Planning Update

Personal Planning Newsletter June 2008

Tax Practitioners' Annual Update

View all ELAINE M. BUCHER's Press Room Items

Elaine Bucher is a senior counsel in the Firm’s Personal Planning Department, practicing in the Boca Raton office. She devotes her practice to the area of wills, trusts and estates, concentrating in the areas of sophisticated estate, gift and generation-skipping transfer tax issues and estate and trust administration.

With regard to estate planning, Elaine’s clients are typically high net worth individuals. She regularly meets with clients to formulate their estate plans, with an emphasis on formulating techniques to maximize and protect the clients’ wealth for each subsequent generation. She drafts the documents to effectuate these estate plans and explains the documents and estate plans to the clients in a comprehensible manner.

Elaine specializes in implementing advanced estate planning techniques including irrevocable insurance trusts, family limited partnerships, charitable remainder trusts, charitable lead trusts, qualified personal residence trusts, grantor retained annuity trusts, defective grantor trusts and inter vivos qualified terminable interest property trusts. She has also represented many individuals who need asset protection planning. Specifically, she has recommended and implemented many asset protection plans involving entities such as family limited partnerships and limited liability companies, irrevocable trusts, and a combination of these techniques.

Elaine has also developed a niche in “relationship dissolution planning.” Such planning includes the preparation of prenuptial and postnuptial agreements, elective share planning and working with a client and his or her matrimonial law attorney to ensure that the client’s assets are property titled and that the client’s separation agreement incorporates the appropriate provisions, with an eye towards the potential death of the client prior to the dissolution of the marriage. She has lectured and written extensively on this topic.

Elaine also handles numerous sophisticated estate and trust administrations. She handles all aspects of estate administration including preparing the Federal estate tax return in connection with the estate and advising clients regarding sophisticated post-mortem tax techniques.

Elaine is a fellow of the American College of Trust and Estate Counsel, Florida Board-Certified in Wills, Trusts and Estates and AV rated by Martindale-Hubble. She has been recognized as a "Florida Super Lawyer" by Florida Super Lawyers Magazine.

An active member of the Florida Bar’s Tax Section, Elaine is currently a member of the Long Range Planning Committee and a Director at Large of the Section. Her prior leadership positions in the Tax Section include the Director of the Federal Tax Division and the Editor of the Tax Section Bulletin.

As an active member of the Florida Bar’s Real Property, Probate and Trust Law Section, she is currently a member of the following committees: Wills, Trusts and Estates Certification; Estate and Trust Tax Planning; Asset Preservation and Probate Law and Procedure.

Elaine received her B.A. from Washington University in St. Louis in 1992, and her J.D. from the University of Pennsylvania Law School in 1995.

Publications

• "Relationship Dissolution Planning Part II," 80 Florida Bar Journal, No. 11(2006).
  
  
• "Relationship Dissolution Planning Part I," 80 Florida Bar Journal, No. 10, 43 (2006).
  
  
• "Updated Practical Planning with Crummey Powers," 29 Estate Planning, No. 2 (2002).
  
  
• "The Economic Growth and Tax Relief Reconciliation Act of 2001: Estate, Gift and Generation-Skipping Transfer Tax Law," 76 Florida Bar Journal, No. 1, 41 (2002).
  
  
• "Generation-Skipping Transfer Tax: Its Bite is Worse Than its Bark," 74 Florida Bar Journal No. 9, 67 (2000).
  
  
• "Estate of Simplot: The Tax Court Applies a Significant Premium to Voting Privileges," 74 Florida Bar Journal, No. 4, 86 (2000).