Wilchins Cosentino & Novins LLP

06/18/2026

Tax planning is most effective when viewed through multiple lenses.

Income tax strategies that make sense today can have significant implications for estate and gift taxes tomorrow. Understanding how these systems interact can help business owners, investors, and families make more informed decisions about preserving and transferring wealth.

Read more: https://bit.ly/47zCumh

Many clients understand the basic concepts behind the income tax and estate and gift tax systems. What is less intuitive is how these two regimes interact, and sometimes conflict, when planning across a lifetime. Both tax systems seek to tax economic gains, but they do so from different vantage poin...

06/18/2026

Experienced attorneys. Practical advice. Client-focused service.

WCN combines the resources and capabilities of a full-service law firm with the personalized attention clients deserve. Our collaborative approach helps clients develop sound legal strategies tailored to their unique needs and objectives.

Learn more about our firm: https://bit.ly/3oDZGZM

06/17/2026

When resolving disputes, approach matters.

Mediation provides a structured yet collaborative process that helps parties reach mutually acceptable outcomes - often more efficiently and with less stress than traditional litigation.

Explore the benefits: https://bit.ly/4jS65vE

Mediation is a popular alternative to court for resolving disputes across various areas. It focuses on voluntary participation, informed consent, neutrality, and self-determination, allowing parties to reach mutually agreed solutions with the help of a skilled mediator.

06/16/2026

Meet Erica Jacobsen, an attorney at WCN specializing in family law, probate, and general litigation.

Erica’s path to law was guided by a love of problem-solving and a desire to help people through difficult transitions. She enjoys the challenge of building a case, appearing in court, and finding practical solutions for the clients she serves.

Outside the office, Erica loves family game nights, hiking, kayaking, live music, traveling with her daughter and spending time with her rescue mutt, Mellie.

Learn more about Erica: https://wcnllp.com/meet-erica-jacobsen/

06/15/2026

Wouldn’t it be great to leave Junior the house?

It’s a thoughtful question rooted in family, memories, and the desire to pass something meaningful to the next generation. But when it comes to estate planning, leaving a specific home to one child can create tax, financial, and practical complications that families may not anticipate.

In this blog, WCN explores key considerations for families thinking about leaving a primary residence or vacation home to a child, including estate taxes, retirement accounts, equal distribution among siblings, and alternative planning strategies.

Read more: https://wcnllp.com/wouldnt-it-be-great-to-leave-junior-the-house/

My daughter recently bought a house in the neighborhood she was raised in, much to my great delight, another generation would grow up with the same neighborhood schools, playgrounds and restaurants my young family enjoyed years ago. Similarly, many clients also have wonderful memories of raising a f...

06/14/2026

The best legal counsel combines depth of experience with personal attention.

At Wilchins Cosentino & Novins, we've intentionally built a firm that offers broad capabilities across multiple practice areas while maintaining the accessibility and responsiveness clients value most - delivering the 'right-sized' fit for each.

It is a balance that allows us to deliver sophisticated legal solutions without unnecessary complexity.

Learn more: https://bit.ly/3oDZGZM

06/13/2026

Commercial leasing involves more than signing an agreement. It requires thoughtful planning, negotiation, and attention to detail.

WCN’s commercial real estate attorneys work with landlords, tenants, developers, and brokers to structure lease agreements that support long-term business objectives and help avoid future disputes.

Explore our commercial real estate services: https://bit.ly/3YPlhyn

06/12/2026

Family business transitions rarely happen overnight.

Preparing the next generation takes time, communication, and strategic planning. Businesses that invest early in succession planning are often better positioned to navigate leadership changes, retain key relationships, and protect their legacy.

Explore key considerations for a successful transition: https://bit.ly/3UcJUWy

A key characteristic of Family Businesses – where the founder/owner may serve as CEO for 25 years or longer – is that continuity of the enterprise beyond the first generation is not certain. This is contrasted with public companies, where CEOs serve at the discretion of the board and stockholder...

06/10/2026

Wouldn’t it be great to leave the family home to your child?
Maybe. But it is not always as simple as it sounds.

When a home is part of an estate plan, families may need to think through estate taxes, income tax on retirement accounts, maintenance costs, sibling fairness, and what happens if plans change over time.

Our latest blog breaks down key considerations and planning options:

My daughter recently bought a house in the neighborhood she was raised in, much to my great delight, another generation would grow up with the same neighborhood schools, playgrounds and restaurants my young family enjoyed years ago. Similarly, many clients also have wonderful memories of raising a f...

06/08/2026

Administering an estate or trust involves far more than paperwork.

From probate filings and fiduciary responsibilities to tax matters and asset distribution, WCN’s private client attorneys help families and fiduciaries navigate the process with clarity, efficiency, and experienced guidance.

Learn more about our estate and trust administration services: https://bit.ly/3CX3UUd