Innovative Estate Planning for the Tech Sector

The Silicon Valley has long been a breeding ground for innovation. A vibrant tech ecosystem where young visionaries — armed with enough drive and perseverance — can turn a big idea into a big business with a big return. 

When this kind of success happens, the newfound wealth that accompanies it can be an overwhelming and emotionally charged experience. That’s where the right planning comes in. 

Loeb & Loeb’s trusts and estates team has been advising California’s tech startup community for decades. 

We’re here to help.

For 20- or 30-somethings who haven’t yet started families, or who are just beginning to think about the next generation, estate planning can be hard to grasp. But for an industry filled with young tech titans, early preparation can yield powerful results.

Take, for example, our estate planning work with one Silicon Valley entrepreneur-turned-billionaire, which began before he took his company public — when he was still struggling to make ends meet. We assisted in transferring his pre-IPO stock to an irrevocable trust. The result? More than $1 billion in gift and estate tax savings — assets that are now used as a family endowment — which will pass to multiple generations and fuel philanthropic endeavors.

Following the recent acquisition of its popular app by a major industry player, one tech client brought in Loeb lawyers to counsel the company’s employees who stood to cash in on the deal. We worked with individuals at all levels of the organization — from executive to rank-and-file — providing advice on income tax considerations, gifting strategies, charitable giving vehicles and other techniques to manage and safeguard their earnings.

Innovation has been part of Loeb & Loeb’s DNA since the very beginning. We’re thrilled to help today’s tech innovators manage and protect the fruits of their creative labors.