Attorney

Waycrosse; Wayzata (MN); On-site; USD 150,000 - 230,000; Full time

Job summary

Waycrosse, Inc. in Wayzata, MN seeks an experienced attorney with a JD and 10+ years in trust administration and estate planning to serve high-net-worth clients. You will handle wills, trusts, POAs, and related planning, create projections, and coordinate with outside counsel.

Travel for client meetings may be required in a confidential, professional environment. The role requires strong communication, discretion, and the ability to work across Insurance, Investments, Accounting and Tax.

Qualifications

• Minimum 10 years of legal experience in trust administration and estate planning.
• JD and four-year undergraduate degree required.
• Superior interpersonal and communication skills with high EQ.
• Ability to connect with clients, analyze options and communicate choices clearly.
• Adaptable, dependable and detail oriented with strict confidentiality.
• Ability to leverage technology and data platforms to accomplish tasks efficiently.
• Strong organizational skills and multi-tasking ability.

Responsibilities

• Provide estate planning and trust administration services for clients.
• Prepare wills, revocable trusts, POAs, health care directives and related entities.
• Implement lifetime gifting plans and understand GST tax planning implications.
• Create illustrations and projections to assist with planning processes.
• Review gift and estate tax returns and ensure accuracy.
• Oversee trust and estate administration, including minutes and actions.
• Coordinate with outside counsel and internal teams as needed.
• Support company needs in insurance, investments, accounting, and tax.

Skills

Interpersonal communication

Client relationship management

Attention to detail

Tech literacy

Confidentiality

Team player

Education

JD and undergraduate degree

Job description

General Overview

Established over 60 years ago, Waycrosse, Inc. is a single-family office based in Wayzata, MN with approximately 70 employees. We provide comprehensive wealth management services to our clients including facilitating legal services, tax, insurance and investments. We are passionate about being the most trusted partner to our clients and look for individuals who can deliver outstanding service with the utmost confidentiality. If you are looking for a workplace that fosters an inclusive culture, strives to attract, develop and retain top caliber talent through competitive rewards, we would like to meet you.

Key Areas of Responsibility

• Client education regarding all aspects of estate planning such as:
• Basic wills, revocable trusts, POAs, Health Care Directives, LLCs;
• Sophisticated vehicles such as GRATs, CLATs, Preferred Return Partnerships, Family Limited Liability Partnerships, GST Trusts, ILITs, SLATs, IDGTs and Private Foundations;
• Implementing lifetime gifting plans as part of a comprehensive estate tax mitigation strategy including an understanding of Generation Skipping Transfer Tax planning and its implications on proposed transactions;
• Creating illustrations and detailed projections to assist with the planning process; and
• Reviewing gift and estate tax returns.
• Trust and estate administration including creation of written actions and minutes.
• Sale/purchase transactions.
• Court approval for large or impactful trust transactions.
• Entity and Foundation management and compliance.
• Miscellaneous business and contract work, including the creation of LLCs and related funding.
• Changes in the tax environment, as relevant.
• Assisting with management and coordination of outside counsel.
• Supporting the Company as needed in the areas of Insurance, Investments, Accounting, Human Resources, Corporate Compliance, and Tax.

Professional Qualifications/Skillset

• Four-year undergraduate degree and JD.
• Minimum 10 years of legal experience in trust administration and estate planning.
• Superior interpersonal and communication skills with high EQ.
• Ability to connect with clients, understand their priorities, fully analyze and communicate their options and action client’s choices.
• Adaptable, dependable and detail oriented.
• Ability to leverage technology and data platforms to accomplish tasks in an efficient and useful manner.
• Strong organization skills and ability to multi-task.
• Must display positive attitude in managing interactions with others inside and outside the company.
• Must maintain a high level of confidentiality in dealing with sensitive information.
• Must be a self-starter and work effectively as a part of a team.
• Perform tasks at multiple levels and willing to support and oversee work being performed by personnel at all levels.
• Must work well in an ever evolving atmosphere.

Working Conditions

The physical working conditions of this position include an office environment where sitting and working on a computer for extended periods of time are common. This position will be expected to travel for client meetings regularly.