Estate Preservation

You've worked hard, potentially a lifetime, to grow your wealth. It is important to protect it after you are gone. Conserving and distributing it in an appropriate manner can have a lasting impact on you and your family.

As Benjamin Franklin once said, "In this world, nothing can be said to be certain except death and taxes." Although you can't eliminate either death or taxes, you can plan to reduce the effects of estate taxes while ensuring your assets are transferred to your loved ones exactly as you wish. As you plan to protect your hard-earned assets, you can also plan to care for your family, friends, and favorite charities, now and in the future.

Establishing your goals to protect your wealth is crucial if you want to:

• Distribute the maximum amount possible to your designated beneficiaries with minimum delay and in the manner of your choice.
• Be sure that each beneficiary's specific needs are met, including the special needs of a disabled child.
• Establish a trust for your surviving spouse and children.
• Provide outright bequests to your family, friends, charity, or your alma mater.
• Reduce estate taxes and costs and provide the liquidity needed to cover them..
• Ensure that a family business stays in the family, providing additional resources to equalize the distribution of assets when some children are taking over a family business or farm.

We are ready to meet and work with you to help you establish your estate tax and conservation goals. We would be happy to prepare an estate analysis for your family situation to help you generally understand the impact of:

Estate and gift taxes
Basic estate preservation strategies

Armed with a better understanding of your goals, estate projections, and potential strategies, you'll be able to more efficiently seek out the help of a qualified estate-planning attorney and qualified tax advisor.