Proper estate planning better supports the current and future financial possibilities for you and your family, allows you to transfer your wealth according to your wishes, and can help reduce unnecessary taxes and expenses.
We are committed to working with you and your family to help determine your long-term personal financial goals and plan accordingly. In addition, we will help you structure your estate assets to minimize tax liabilities and maximize value to future generations. Our professional team will work with any additional advisors you may have, such as an attorney or accountant, to develop and implement a plan of action. This planning will be coordinated with your insurance contracts in order to provide a sound, workable plan. Periodically, we will review your plan with you to assess our progress in accomplishing your long-term objectives.
Ultimately, our goal is to assure that you and your family have taken prudent steps to reduce your tax liabilities and to help to create the most effective means to finance any future tax liabilities.
An important component to any estate plan is gifting, which allows you to reduce the size of your taxable estate by strategically transferring the wealth you have worked so hard to create for your family members.
Gifting enables you to take advantage of the substantial tax advantages available through lifetime gifts. Thoughtful use of these gifts through the use of planning vehicles such as trusts and life insurance can help maximize the value created for your heirs. We can help you determine a gifting strategy that is consistent with your planning objectives.