Estate Planning

Estate Planning

We help you understand your family situation, the extent of your needs for estate planning. We work with you to protect your loved ones and assets to provide you with peace of mind. It is important to understand your family and business dynamics to plan best for your future generations and leave your legacy behind. Estate planning incorporates the following aspects:

  • Understanding your goals, issues, and concerns
  • Gathering personal information, reviewing the family tree, addressing issues such as prior marriages, citizenship, residence, health, Medicaid issues, distant relatives, and family dynamics.
  • Developing an inventory of your assets, real and intangible, and determining the value of those assets
  • Clarifying ownership of your assets and how they will pass through probate or other means
  • Collecting and reviewing your current planning documents including wills, trusts, powers of attorney, health care proxies, living wills, HIPAA release documents, and beneficiary forms
  • Analyzing the liquidity of your assets
  • Assessing the tax and estate planning ramifications your choice of beneficiary
  • Evaluating your estate tax and income tax issues
  • Planning strategies that meet your objectives and best benefit your tax situation


February 3, 2020Admin

Estate, Gift & Trust Planning Considerations: Planning Before the 2020 Elections

If you: • have an estate of $1,000,000 plus, • are using annual exclusion gifting to fund insurance premiums in an irrevocable life insurance trust (ILIT), • have grantor trusts, including rolling GRATs, or any other trust strategies, • are front-loading 529 contributions for children or grandchildren,

January 31, 2020Admin

Key Provisions of the SECURE Act of 2019 Affecting You as an Individual

In December 2019, Congress passed, and the President signed into law, the SECURE Act. This landmark legislation, (which stands for Setting Every Community Up for Retirement Enhancement Act), may affect how you plan for your retirement. Most of the provisions go into effect in 2020, which means now is the time to consider how these new rules may affect your tax and retirement-planning situation. Here is a look at some of the more important elements of the SECURE Act that may have an impact on you as an individual taxpayer. The changes in the law might provide you and your family with tax-savings opportunities. However, not all of the changes are favorable, and there may be steps you could take to minimize their impact.