Successful individuals understand the effort involved in creating and maintaining personal wealth, yet many may not realize how quickly estate taxes can sweep half of that wealth away. Assets can pass to three parties: family, a designated beneficiary (such as a charity), or the Internal Revenue Service.
Our specialized assessment methods and techniques allow you to:
- Design and document a plan to ensure proper timing and amount of distributions to your chosen beneficiaries.
- Provide sufficient income for a spouse or other dependents; take maximum advantage of annual and lifetime gift exclusions.
- Maximize your ability to give to charity while reducing taxes and potentially increasing current income.
- Properly fund any remaining tax liability through the most efficient and cost-effective methods.