Estate Planning – The Critical Plan Everyone Needs
Most individuals may incorrectly think the term only applies to the exceptionally wealthy but we understand there is a broad and current scope to what is considered “estate planning”. Prior to recent law changes it was acceptable to approach estate planning with the narrow focus of simply saving estate taxes. Now, however, saving estate tax is not the primary factor for many individuals and focus instead has shifted to these very important areas:
Control of your assets investing and preserving your assets for the next generation
Tax Planning a hallmark conversation in estate planning, tax planning is only as effective as it serves to further your goals and should not be considered in isolation
Charitable Contributions and Gifting help define your legacy through gifting and philanthropy
Planning for the next phase
Whether you need to establish an estate plan or have an older plan in need of review, we have the experience to allow us to help craft or update the ideal estate plan to accomplish your goals amid complex estate tax and income tax issues. Although we do not prepare or draft legal documents, such as wills or trusts, we are instrumental in the drafting stage and can navigate you around tax issues to reach your desired overall estate goal.