Estate Planning

An estate plan is essential to your financial future. You never know when or how you and/or your spouse will die. Decisions must be made ahead of time concerning what assets will transfer, who is the beneficiary, how should the assets transfer and when is the optimal timing of the transfer.

Do you want your children to receive their share of the estate when they become adults, or should assets transfer to them over a prescribed period of time? Who will be the Trustee of your assets until they transfer to your children? Are there exceptions if assets can be transferred earlier versus later? If you have minor children, who will be their guardians and who will manage their assets until they turn 18?

If an accident or illness renders you or a spouse incapacitated, who has been given authority to handle your affairs and take care of your loved ones? What is your directive regarding artificially prolonging your life in the event of a devastating illness or injury?

Are your assets structured in a way to minimize estate taxes and probate? Do you wish to preserve your legacy for multiple generations? Who do you want to be the Personal Representative or Executor of your estate to ensure your wishes are carried out with your full intent?

Each of us has the potential to create a lasting legacy that can support, enlighten and encourage our loved ones as well as future generations. We also have the ability to leave a positive mark on the world. Many people generously choose to apply their wealth toward charitable causes, making a meaningful impact projecting beyond their individual lifetime. The positive ripples of a giving spirit leave a legacy worth remembering and celebrating.

Please contact our office to discuss your needs and goals, meet with our advisors and our team of attorneys, and allow us to offer more information on how estate planning can help provide security to you and your loved ones.