Tax Planning

Who will inherit your wealth?

If you're like most people, estate planning is not a topic you spend a lot of time thinking about. That's understandable; after all, who really wants to think about death? You probably have a will in place, but when is the last time you reviewed it? How can you be sure it's up-to-date?

Chances are you have experienced changes in your life since you drafted your will. You might have gotten married or divorced, welcomed a child or grandchild, acquired or sold a business, or developed new future financial obligations. The estate plan that was adequate before may no longer be appropriate today.

As your life changes, your estate plan may also need to change. Because your family's future lifestyle may ultimately depend on the transfer of your estate, it is important not only to put an estate plan in place, but to review your plan as your circumstances change.

If your life situation and goals have changed since you last reviewed your estate plan, or if you haven't yet planned for the transfer of your estate, an estate plan review may be in order. A review can help you understand key questions such as:

How much of your estate is earmarked for the IRS?

What strategies do you have in place to minimize estate taxes at death?

How thoroughly has your family discussed estate planning issues?

How would you like your estate handled and by whom?

When did you last review your will and how are your assets titled?

Do you have a favorite charity, school or group to whom you want to bequeath assets?

When was the last time you reviewed the beneficiary designations on your insurance programs and retirement plans?

By conducting a review of your current estate plan, we can help make sure you have the right plan in place for you and your family’s needs. We can make sure that your final wishes are safeguarded, and, if necessary, recommend a course of action to help your estate planning strategy keep pace with today's realities.

Call us today for trusted advice on estate planning. Call 858.752.1726