think they aren’t wealthy enough to worry about
wealth transfer planning or estate taxation.
But spend a few minutes with a calculator and you may
Add up the value of:
- Real Estate, including your home(s)
- Cash (savings)
- Personal Assets (jewelry, vehicles,
- Employee Benefits (such as retirement
- Life Insurance
- Business Interests
- Personal Property
- Pension, Profit Sharing, IRA or 401(k)
- Joint Assets
Are you surprised at just how wealthy
It’s taken you a lifetime
to accumulate what you own. Building a business. Getting
ahead in the
corporate world. Buying a home. Saving money for retirement.
These are all satisfying achievements.
They can consume so much time and energy that you might
not properly plan to preserve the wealth
you’ve worked for through the years.
Smart planning takes a knowledgeable
Planning your estate can be confusing.
There are many choices to make; and many of the decisions
difficult, because they are so important to you. The
good news—you don’t have to do it alone.
Planning can help keep you in control
and prepare you to:
- Create strategies for the wealth transferred
to your heirs
- Avoid forced sale of your assets
- Select who will receive your assets
and when they will receive those assets
- Equalize distribution of assets among
- Maintain control of assets while living
- Retain a degree of control over assets
even after death
Are you ready to:
- Decide whether using the Annual Gift
Tax Exclusion or Lifetime Exemptions to move assets
value out of your estate and into the hands of your
heirs during your lifetime is appropriate.
- Take advantage of life insurance to
build a wealth transfer plan that enhances what your
- Develop strategies for you to reduce
the impact of some of the federal and state tax obligations,
allowing you to pass along more of what you’ve
earned to whom you want, when you want.