Broker Check

Estate Planning Strategies

When did you last review your will?

We see all kinds of issues and problems regarding client's estate documents. Many times we will discover that the arrangements spelled out in the documents are not at all what a client wants today. Often, we help clients deal with sensitive family issues. We believe it is worth it to take the time to plan your estate with the proper professional (Legal, Tax, Investment). When you do, please take the following into consideration to help avoid these common mistakes.

  1. Not Coordinating Your Beneficiary Designations
  2. Not Sharing Your Estate Plan's Contents with Your Family
  3. Choosing the Wrong Trustee, Executor, or Guardian for Your Plan
  4. Not Funding Your Trusts
  5. Failing to Plan for the Care of Family Pets
  6. Not Having an Up-to-Date Estate Plan to Help Reduce Your Taxes
  7. Not Using the Full Exemption Equivalent Credit
  8. Failing to Equalize Your Spousal Estate
  9. Not Using an Irrevocable Life Insurance Trust (ILIT) to Shelter Large Amounts of Life Insurance
  10. Are You Using Charitable Gifts To Help Minimize Your Taxes?

You can give us a call to help you look at your own particular situation and see how we can help your Estate Planning needs and work with your tax and legal advisor.

Learn more