Estate Planning and Asset Transfer

Proper estate planning better supports the current and future financial possibilities for you and your family, allows you to transfer your assets 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 work with you in structuring your estate assets to help 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. All of this planning will be coordinated with your insurance contracts in order to provide a sound workable plan. Periodically, we will review this plan in order to assess our progress in accomplishing your long-term objectives.

Ultimately, our goal is to guide you and your family in taking prudent steps to reduce your tax liabilities and to create the most effective means to help finance any tax liabilities that may remain in the future.

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, or simply to support your community, tax-favored planned aiding programs create ongoing opportunities to transfer family assets to public and/or private charities. 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 to help 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 potentially allows you to reduce the size of your taxable estate by impacting the assets 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. These gifts can be held by various entities, which allow you, the “grantor,” to retain control over income from gifted assets.