Business Details
21 Years
experience
Estate Planning & Business Law Services in Addison, TX
At Smith & Hammond, we specialize in estate planning, business succession, and probate law, serving clients across Texas. Our attorneys bring over 55 years of combined experience in crafting tailored legal solutions for families and business owners. We focus on minimizing tax impacts while ensuring seamless asset transfer and business continuity. Our practice emphasizes personalized strategies to address complex trust and estate issues, with a proven track record of achieving significant federal tax savings. Located in Addison, Texas, we maintain long-term client relationships built on trust and expertise, supported by referrals from satisfied clients and financial advisors.Our team works closely with diverse family and business situations to implement contingency plans for incapacity and create structured exit strategies. We prioritize compliance with evolving state and federal tax laws to safeguard our clients' legacies. Our commitment to excellence is reflected in our collaborative approach and dedication to resolving intricate legal challenges. We serve as trusted advisors for high-net-worth individuals, entrepreneurs, and closely-held businesses seeking sophisticated legal counsel.
Services
Estate Planning
Probate
Business Succession
Tax Planning
Asset Protection
Details
- Year established: 2005
Highlights and features
- We offer 55+ years of combined experience in estate and business law.
- Our team maintains long-term relationships with high-net-worth clients.
- We achieve significant federal tax savings through tailored strategies.
- Our practice includes sophisticated asset protection and succession planning.
- We work closely with financial advisors and serve diverse client needs.
What people say
Long-term relationships
Significant tax savings
Personalized solutions
Tax minimization strategies
Business continuity
Services
Estate Planning
Our estate planning services create structured strategies for asset transfer while minimizing tax impacts. We develop customized trusts and wills to ensure client intentions are preserved. Our attorneys work with families and business owners to implement contingency plans for incapacity and medical decision-making.
Business Succession
We design business succession plans to ensure continuity during ownership transitions. Our strategies include buy-sell agreements and key employee retention plans. We help family-owned businesses implement orderly succession frameworks to protect operational stability during unexpected events.
Probate
Our probate services guide executors through estate administration processes. We handle asset distribution, debt settlement, and tax filings while ensuring compliance with Texas probate laws. Our team resolves complex estate disputes and facilitates smooth transfer of business interests.
Tax Planning
We develop tax minimization strategies integrated with estate plans. Our services include lifetime gifting strategies and business entity structuring. We help clients maximize asset transfer efficiency while reducing federal and state tax liabilities through proven legal frameworks.
Asset Protection
Our asset protection services create legal barriers against potential claims. We utilize trust structures and business entities to shield family wealth. Our strategies protect business owners from personal liability while maintaining control over transferred assets.
People
Gloria A. Hammond
Partner
Partner specializing in estate planning and business succession with 25+ years of experience. Admitted to Texas Bar since 1999, co-founded Smith & Hammond in 2005. Holds Juris Doctor from Southern Methodist University and BBA from University of Texas in Arlington.
Questions
What estate planning services do you offer?
We provide comprehensive estate planning including wills, trusts, tax minimization strategies, and incapacity planning for families and business owners.
How do you handle business succession planning?
We create customized succession plans with buy-sell agreements, key employee retention strategies, and structured ownership transitions for family businesses.
What tax planning strategies are available?
Our tax planning includes lifetime gifting, business entity structuring, and trust arrangements to minimize federal and state tax liabilities.
What experience do your attorneys have?
Our attorneys have over 55 combined years of experience serving Texas clients with complex estate and business planning needs.
