Business Details
21 Years
experience
Estate Planning & Business Law Services in Addison, TX
At Smith & Hammond, we specialize in providing comprehensive legal solutions for estate planning, probate, and business succession. With over 55 years of combined experience, our attorneys are dedicated to helping families and business owners protect their assets and ensure smooth transitions for future generations. We work closely with clients to create tailored strategies that minimize tax liabilities and address complex trust and estate issues.Our firm prioritizes long-term relationships, earning trust through personalized service and a deep understanding of evolving tax laws. Located in Addison, Texas, we serve clients across the state, offering expertise in business entity formation and contingency planning for medical and financial decisions.
Services
Estate Planning
Probate
Business Succession Planning
Tax Planning
Asset Protection
Details
- Year established: 2005
Highlights and features
- We have over 55 years of combined experience in estate and business law.
- Our attorneys specialize in tax minimization and wealth preservation strategies.
- We create personalized estate plans for families and high-net-worth individuals.
- Our firm focuses on seamless business succession and entity formation.
- We maintain long-term client relationships built on trust and referrals.
Services
Estate Planning
Our estate planning services help clients protect assets and ensure smooth transfers to beneficiaries. We create customized wills, trusts, and tax strategies tailored to individual family needs. With expertise in federal and Texas state laws, we minimize tax liabilities while addressing complex inheritance scenarios for clients at all wealth levels.
Probate
We guide executors and beneficiaries through the probate process to settle estates efficiently. Our attorneys handle asset valuation, debt resolution, and legal documentation to ensure compliance with Texas probate laws. We work to resolve disputes and distribute assets according to the deceased's wishes while minimizing delays and tax burdens.
Business Succession Planning
Our business succession planning ensures continuity for family-owned enterprises. We develop strategies for leadership transitions, buy-sell agreements, and key employee retention. By creating structured exit plans, we help businesses maintain stability and protect value during ownership changes while addressing tax implications and legal requirements.
Tax Planning
We provide comprehensive tax planning to minimize liabilities for estates and businesses. Our attorneys analyze current assets and future goals to implement gifting strategies, trust structures, and business entity formations. We stay updated on changing tax laws to optimize savings while ensuring compliance with federal and state regulations.
Asset Protection
Our asset protection services safeguard clients' wealth from potential risks. We utilize legal tools like trusts, limited liability entities, and insurance strategies to shield assets from creditors and lawsuits. These plans are integrated with estate and business succession strategies to ensure long-term financial security for families and enterprises.
People
Gloria A. Hammond
Partner
Gloria Hammond specializes in estate planning, wealth transition, and family business strategies. With over 25 years of experience, she structures tax-efficient trusts and business entities to protect client assets. She co-founded Smith & Hammond in 2005 after practicing at Dallas firms since 1998.
Harriet Moore
Office Administrator
Harriet Moore manages daily operations and client communications at Smith & Hammond. She ensures efficient case management and coordinates client appointments while maintaining the firm's administrative functions.
Questions
What estate planning services do you offer?
We provide wills, trusts, tax minimization strategies, and incapacity planning. Our attorneys create customized solutions for asset protection and intergenerational wealth transfer.
Do you handle probate cases across Texas?
Yes, we represent clients statewide in probate matters, including estate administration, asset distribution, and dispute resolution while minimizing tax impacts.
How do you approach business succession planning?
We develop tailored succession strategies, including buy-sell agreements, leadership transition plans, and key employee retention programs to ensure business continuity.
What are your attorney qualifications?
Our attorneys have over 55 combined years of experience, with Gloria Hammond specializing in estate planning since 1999 and holding degrees from SMU and University of Texas.