Winifred I. Li
Winifred Li retired as a partner in the private client group in 2015. For almost 40 years, Winifred focused her practice on estate planning, income taxation of trusts and estates, estate and gift taxation, and trust and estate administration. She served as trustee of numerous trusts, including court, inter vivos revocable, irrevocable, and charitable trusts, and worked closely with investment, tax and other professionals to advise the donors and beneficiaries of those trusts. Winifred is a Fellow of the American College of Trust and Estate Counsel.
Winifred’s practice included planning for the complex issues involved in the disposition of family businesses, partnerships, S, C, and charitable corporations, limited liability companies, and family owned real estate. Her estate planning clientele encompassed individuals who own a variety of assets in many jurisdictions and she specialized in handling the intricacies of these types of complicated matters. In addition to having worked with high-net worth individuals, generations of families, executives and business owners, Winifred also advised other individual and institutional trustees. Winifred worked closely with her diverse clients to provide them with timely advice respecting wealth transfer and tax alternatives in the context of their objectives.
In addition to being recognized for her diverse experience, Winifred also wrote and lectured on estate planning topics. Representative publications of her contributions include sections of the Massachusetts Continuing Legal Education’s (MCLE) Preparing Estate Tax Returns: “Schedule J of Form 706-Funeral Expenses and Expenses Incurred in Administering Property Subject to Claims;” “Schedule K of Form 706-Debts of the Decedent, Mortgages, and Liens;” and “Schedule L of Form 706-Net Losses During Administration.” She is also the co-author of the first section of MCLE: What Estate Planners Need to Know About HIPAA and co-author of “Generation-Skipping Transfer Tax Problems” which first appeared in MCLE: Drafting Irrevocable Trusts in Massachusetts (2005).