Estate Planning

DOES YOUR ESTATE PLAN INCLUDE LIFETIME AND CHARITABLE GIVING? 

Estate Planning is a process that helps you accumulate, conserve and give assets to your family or others. It addresses your legal and financial concerns taking into account your goals and your tax considerations. It also takes advantage of existing laws and funding vehicles to save taxes efficiently and help manage your property in an efficient way during your lifetime. 

  Book a Phone Appointment now

Call us for rates and a Quote 866-392-INFO (4636)

It might be a good time to make this Estate Planning strategy work for you - consider these facts

1. Giving a gift now will reduce your tax liability by reducing your net worth
2. A new or existing life insurance policy can provide the means to give a lifetime gift without reducing the value of your estate
3. Within certain guidelines, your gift may be free of gift taxes
4. Annual gifts - especially gifts made with your spouse - can provide significant tax benefits
5. Giving a gift now rather that in your will, lets you experience your recipient's appreciation. Plus lifetime and charitable gifts are private contracts, wills become public records
6. A charitable gift is exempt from the federal gift tax, is exempt for the charity, and is a tax deductible contribution for you

It is important to consider every option available in developing a sound estate plan

With the right estate plan in place, your money is managed in a way that allows you to take full advantage of opportunities now like life insurance, annuities and long term care insurance to reduce your liabilities, increase your giving, and preserve as much of your estate as possible for your family and heirs. We can work with you, your attorney, your accountant and your investment advisor in order to create a strategy that works best for you.

What your plan will achieve - Your objectives in creating an estate plan using life insurance, annuities and long term care insurance should be to :

• Avoid unnecessary probate costs
• Create liquidity to pay debts, estate settlement administrative costs, and other expenses that occur at your death
• Reduce taxes - now and after your death
• Ensure that you have all the documents needed to dispose of your estate in the way you wish - wills, real estate deeds, trust agreements, etc.

What your plan might include After a thorough confidential interview is completed, we will work with you and your team of advisors to suggest and evaluate options available to meet your objectives. Your plan will help make the best use of your money now, provide funds for your retirement, and provide a legacy for your heirs. Your plan may include the following parts:

• Life Insurance - to provide liquidity for final expenses and make other aspects of your plan possible
• Lifetime gifts - to reduce taxes and enable you to see your recipient's appreciation
• Trusts - to ensure that your intent is carried out in private ( wills are made public ) - during your lifetime or after your death

Invest time now - Developing a sound estate plan can be complicated, but is an important step in caring for the financial wellness and security of yourself and your family.

Talk to one of our financial services professionals today at 866-392-INFO (4636)