H David Hughes
Estate Planning & Probate

Whether you own a successful business, enjoy a productive career as an executive or a professional, earn your living from the land through ranching, farming, or oil and gas interests, or are simply a frugal saver, the estate you have built represents a lifetime investment of your energy and resources.

Shouldn’t you think carefully about what will ultimately happen to your estate?

A plan to fit your needs
At Brown McCarroll, our business is helping our clients succeed. The lawyers in our Estate Planning and Probate Group are experts in generational wealth transfer, charitable gift planning, business succession planning, and asset protection. Whether your estate is large or small, you can be assured of a plan tailored to your individual needs and life goals.

Business planning
If your business has not taken measures to ensure a smooth transition of management when you are no longer its leader, you can benefit from Brown McCarroll’s extensive experience. We can help structure your business to facilitate transfer of ownership and management, or a sale.

Business succession planning or planning for the successful sale of a privately-owned business is often the most important and most difficult planning in the life of a business. And, the most successful business succession planning starts years before the actual transition.

In the case of one family we represent, we advised the first generation owners of a family business in the transfer of the management of the business to the second generation family members who had proven themselves able to manage the business while transferring ownership of the business (worth over $175,000,000) equally to all second generation family members at an estate tax cost of less than $25,000,000 – an effective overall estate tax rate of 14.3% during a period that the estate tax rates applicable to the first generation’s estates ranged from 45% to 55%.

Our commitment to every client
We measure our success by how effective your estate plan is in protecting your hard-earned wealth or the business you’ve nurtured from excessive estate taxes, lawsuits (including divorces), and other claims that may made by the Internal Revenue Service or other litigants. Our commitment to you continues beyond the estate plan – we are there for your family to ensure that your estate plan is implemented during the administration of your estate and to provide advice to your survivors.

Fellow - American College of Trust & Estate Counsel

H David Hughes
Brown McCarroll LLP
111 Congress Ave #1400
Austin TX 78701-4043
Tel: 512 479-9730
Fax: 512 479-1101
E-mail: dhughes@mailbmc.com

Practice Areas
- Corporate, Tax and General Business
- Estate Planning & Probate

Mr. Hughes has been certified by the Texas Board of Legal Specialization as a specialist in Estate Planning and Probate Law. He is the coordinator for the firm's Estate Planning and Administration Practice Group. Mr. Hughes represents individuals, families, and business owners in matters relating to the management, transfer, and preservation of their assets, including income, gift, estate, and generation-skipping tax planning, trust and estate administration, and representation before the I.R.S. and federal and state courts. Mr. Hughes' practice includes the preparation of wills, trusts, business entity organizational documents (including family limited partnerships), shareholder agreements, buy-sell agreements, marital property agreements, and other estate planning, asset protection, charitable gift planning and business succession documents. Mr. Hughes has experience in the formation and representation of corporations, partnerships, limited liability companies, not-for-profit corporations, and private foundations. Additionally, he represents beneficiaries and fiduciaries in contested litigation, including estates, trusts, and tax issues.
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