Estate Planning

Estate planning is the preservation and the distribution of your assets, both during your life and upon your death. It is accomplishing your personal and family goals and easing the management of your financial and legal affairs, as well as minimizing taxes if your estate is taxable. When we talk about an estate, we mean all assets of any value that you own, including real property, business interests, investments, insurance policy proceeds, and personal property and effects. An “estate plan,” generally, refers to the means by which your estate is passed on to your loved ones on your death. Estate planning can be accomplished through a variety of methods, including:

Problems often arise when people do not coordinate these methods of passing on their estate. If you have a well-drafted estate plan in place, you ensure your estate passes to whom you want, when you want, and is carried out in the manner you chose. You can take steps to protect your family’s financial privacy and avoid the costly matter of a disorganized estate administration process. We explain the many options that exist in estate planning, and help you choose the right estate plan for you.