Estates & Trusts Planning

We believe planning an estate is a two pronged approach. First, estate planning focuses on the maintenance and distribution of assets during life and upon one's death. This may include planning for a surviving spouse or other family members. We approach this portion as if there are no tax consequences since we do not want taxes to govern the planning. Second, we look at the estate and gift tax planning aspects. If an estate has tax exposure, we then look at how your estate planning can be structured to minimize or eliminate the estate tax. Regardless of the size of the estate, however, there are generally property tax and income tax issues that require our attention.

Estate Planning documentation can include:

Estate and Gift Tax documentation will have provisions in many of the above referenced documents as well as in the following:

These are only examples of what can be done. The legal and tax strategies are myriad and the best strategy for an individual can only be determined after a gathering of the facts, goals and motivations.