I thrive on tackling complex legal issues with precision and practicality. I focus on improving estate plans and irrevocable trusts through tailored strategies, always considering the client’s unique needs. One client stated, “Edward is a knowledgeable and top-notch estate planner.”

Edward Tully concentrates his practice on estate planning, tax planning, asset protection, business succession and probate and trust administration. While he has significant experience in all areas of estate planning, Edward primarily works with high-net-worth individuals, families and business owners to develop strategies that minimize exposure to gift, estate and generation-skipping transfer (GST) taxes to preserve and transition wealth.

Edward is knowledgeable in implementing advanced estate planning techniques, including:

  • Dynasty trust arrangements
  • Grantor Retained Annuity Trusts (GRATs)
  • Intentionally Defective Grantor Trusts (IDGTs)
  • Irrevocable Life Insurance Trusts (ILITs)
  • Qualified Personal Residence Trusts (QPRTs)
  • Spousal Lifetime Access Trusts (SLATs)
  • Spousal Lifetime Access Non-Grantor Trusts (SLANTs)
  • Valuation discounts

Edward enjoys tackling challenging and intricate fact patterns and issues. A key aspect of his practice involves evaluating existing estate plans and providing clients with recommendations to enhance their plans’ and irrevocable trusts’ structure and efficiency. He often achieves this through trust decanting, modifications or asset sales that Edward develops and implements.

Edward works with numerous hedge fund and private equity firm owners, crafting and executing sophisticated planning strategies to facilitate the transfer of their unique assets, including carry derivatives and vertical slices.

When asked…

What do you do outside of work?

I love spending time with my wife and our two kids. I’m also actively involved in coaching their sports teams. When not on the field, we enjoy hiking, biking and skiing—it’s a great way to stay active and appreciate the outdoors.