Matthew F. Erskine, Attorney
is an approachable, empathic estate and succession planning attorney who creatively & holistically solves families unique asset and estate needs.
He is the fourth generation of lawyers known for integrity and personal service. Matt concentrates on providing legal and fiduciary services for families with basic estates as well as real estate, unique assets, or a family business.
Unlike most trust and estate attorneys, Matt’s focus is ensuring financial security while preserving the ownership of unique—but often illiquid—assets for the client and family.
Learn more about Matt
Estate Planning & Execution
Sustaining family wealth and control over generations through estate, tax and elder care planning, risk management, estate and trust administration, bill paying, and hiring asset managers.
Unique Strategies for Unique Assets
Family business succession and unique assets planning through family office consulting, gifting art, family business & legacy real estate, and protecting nontraditional assets.
Family Business Magazine| February 2024
Navigating the Transfer of Ownership and Control in a Family Business
Understanding trusts, family limited partnerships and the ‘Tragedy of the Commons’
The process of transferring ownership and control of a family business is intricate and multifaceted. It requires thoughtful evaluation of the family’s financial interests, estate planning goals and the preservation of the business itself. In the United States, families have various options at their disposal, such as trusts, family limited partnerships (FLPs) and other indirect methods. Each strategy offers its own advantages and disadvantages. Furthermore, potential challenges may arise when individual interests take precedence over the collective well-being of the family and the business. A variety of strategies are available to mitigate potential pitfalls. Get Guide
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