ESTATE

Are you a candidate for Estate Planning?

The goal of Estate Planning is to efficiently and effectively transfer assets from one generation to the next using techniques designed to reduce tax and provide financial security while transferring the desired assets to the estate owners heirs.

Uncontrolled Planning occurs when an estate owner fails to arrange for the efficient disposition of their assets foregoing reduced tax rates and lower estate costs as a result of a lack of planning.

Controlled Planning is a systematic process of estate distribution directed by the estate owner and his or her professional advisors.

People Planning includes anticipating psychological and financial needs, the protection of psychological priorities such as "who gets grandpa's watch?" and the provision for income or capital or both to ensure a continuing lifestyle. This is especially important to parents with minor children, dependents who are gifted or have special needs and/or

spouses who do not want to, or who are unable to, effectively handle money,

an investment portfolio, or a business.

Asset Planning is essential to planning candidates with estates in

excess of the Federal Exclusion Amount, owners of closely held

family businesses,property owned and/or residency established

in more than one state, non-American citizens, and people with

multiple marriages and/or blended families.

Causes for Estate Shrinkage: A lack of planning for certain

issues is almost always the cause of an estate losing value

including death related costs, inflation, lack of liquidity and

improper use of transfer techniques.