Planning your legacy can have many moving parts and can be quite complicated. It’s important to make sure you have your estate plan worked out or your money could be going to someone you didn’t plan for it to go to and you could have more taxes than planned due to estate taxation.
Deciding on a will or a trust? It’s important to understand why you would need one or both as part of your plan.
Deciding on whether you should turn your life insurance policy into an irrevocable life insurance trust (ilit) to reduce estate taxes? These are small details that must be considered when creating an estate plan.
After discussing your goals, we will analyze the existing pieces of your plan to identify gaps and issues that could inadvertently trigger probate action and tax exposure. A well-designed plan can alleviate anxiety and secure your legacy for generations to come.