Estate Planning for High Net Worth

You've worked hard your whole life to provide for your family and make your loved ones more secure. Without advanced estate planning strategies, many of your hard earned assets may end up with the IRS and state taxing authorities.

Estate Planning

While nobody wants to think about death or disability, establishing an estate plan is one of the most important steps you can take to protect yourself and your loved ones.

Wills

Most people know about wills and their basic purpose – to ensure that one’s hard earned assets go to the right beneficiaries when an individual passes away. However, wills can be used for a lot more than simply dictating who gets a person’s antique lamp collection.

Planning for Children

Many parents put off estate planning because they do not think they have substantial assets to protect. This outlook is common among young adults who think they have plenty of time to accumulate wealth and plan for it at a later date.

Veterans Benefits

Veterans Benefits are perhaps the most misunderstood and underutilized resources available to millions of veterans and their families.

Elder Law

The high cost of long-term care has made planning a critically important issue for most middle class seniors and their families.

Family Limited Partnerships

A Family Limited Partnership (FLP) is a special legal vehicle that can preserve a family business for future generations while helping to shelter assets and reduce overall gift and estate taxes.

Guardianships

For some members of our society, legal protection may be necessary even after they have entered adulthood.

Asset Protectioin

People are increasingly using the legal system to unjustly deprive others of their life's work.

Business Sucession Planning

No company can survive without an able owner or manager at the helm. In the event of a key person’s sudden death, illness, or retirement, businesses are often left scrambling to find a suitable replacement.

Estate Tax Planning

Without careful planning, much of your life’s legacy could be lost to estate taxes. While a simple will can provide for the transfer your estate to your loved ones, it does not have special provisions for advanced estate tax planning.

Special Needs Planning

If you currently provide care for a child or loved one with special needs (such as mental or physical disabilities), you must have contemplated with concern about what may happen to them when you are no longer able to provide and care for them.

Probate/Estate Administration

When a loved one passes away, his or her estate often goes through a court-managed process called probate or estate administration where the assets of the deceased are managed and distributed.

Non-Traditional Family Estates

Nontraditional families take many forms – from a grandmother raising a grandchild via an informal custodial arrangement to a same-sex couple living together in a state that does not recognize same-sex marriage or civil unions.

Pet Trusts

Have you seriously considered what will become of your faithful companion – your beloved pet – upon your death or disability?

Next Steps...

Request a consultation today!