Estate Planning and Wealth Transfer

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 collaborating 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, accountant or investment professional, to develop and implement a plan of action. All of 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 in order to assess our progress in helping you accomplish your long-term objectives.

Ultimately, our goal is to assure that you and your family have taken prudent steps in an effort to reduce your tax liabilities and to create the most effective means to help finance any future tax liabilities.

Charitable Planning

At a time when social responsibility has taken on increasing importance, charitable planning offers a strategic way for you to connect to causes that you and your family feel passionate about. Whether your aim is to develop a philanthropic legacy for your family, create ongoing opportunities to transfer family assets to public and/or private charities or to simply support your community. These charities often include family foundations that are managed by family members, in which the family retains control over the gifted assets and access to income generated by these assets. Often, charitable planning provides a balance to estate and life insurance plans, while taking on personal meaning for you and your family. We offer creative solutions aimed at helping you achieve your personal or familial philanthropic goals without interrupting your family’s long-term financial possibilities.

Gifting

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 the use of 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. Working with your accountant or attorney, we can help you determine a gifting strategy that is consistent with your planning objectives.