Claire refers her father, Jay Pritchett to you: As a reminder, Claire$$s father, Jay Pritchett, married a much younger Colombian beauty named Gloria Delgado who has recently become a U$.$S$.$ citizen. Her passion for life has rubbed off on her young son Manny, who marches to the beat of his own drum, usually in a burgundy dinner jacket. Jay wants to make sure that Gloria is well provided for during her lifetime but wants to also be sure that Manny and his children and grandchildren are provided for following her death.

Jay owns a custom closet business. Claire has long been involved in the business while Mitchell $($Jay$$s son and Claire$$s brother$)$ has not been involved in the business and has no interest in the business.

What are three estate planning strategies you would recommend to Jay with respect to his overall planning and why?