Broker Check

Estate Planning

Crafting and Securing Your Legacy

Prepare Ahead and Ensure Your Intentions are Clearly Defined

Estate planning serves as a cornerstone in securing peace of mind amidst life's uncertainties and the unknowns of the future. A meticulous estate plan leaves no doubt regarding your preferences for managing your health, investments, and business affairs when the time comes that you are no longer able to oversee them personally.

With a comprehensive estate plan in place, you'll have the assurance that your affairs are well-organized, and your loved ones will have a clear understanding of your wishes. Your dedicated estate planning team will assist you in assessing all facets of your estate, crafting the necessary plans to cater to your potential care needs, provide for your loved ones, and facilitate the transfer of your estate according to your desires.

Embarking on this journey requires careful consideration of numerous factors. For decades, we have collaborated with adept estate planning attorneys and tax advisors, guiding clients through a myriad of estate planning options. We can collaborate with your chosen legal and financial professionals or draw upon our extensive network to connect you with trusted attorneys and tax advisors.

We possess the expertise and experience necessary to assess your current circumstances, recommend tailored estate planning strategies, and assist in implementing the appropriate trust instruments to realize your objectives.

Your Asset Inventory

Your Asset Inventory

Before starting a journey, it's essential to know where you are. It's the same with an estate plan. Our estate planning professionals offer some excellent tools to help you evaluate your current situation.

Your Last Wishes Documented

Your Last Wishes Documented

In the ebb and flow of life, it's easy to assume that things will carry on as they always have. While we may not foresee the exact timeline, we can reasonably anticipate certain inevitable changes. The journey of life for each of us will eventually reach its end.

When that time comes, our loved ones will remain. As a vital part of your estate planning team, your attorney will draft a comprehensive legal will. This document serves as a written expression of your desires, ensuring that your assets are distributed according to your wishes among family members, charitable organizations, and others as you have specified.

Understanding Power of Attorney

Understanding Power of Attorney

In the event that you are unable to make decisions on your own behalf, who will step in to act for you? An even more crucial consideration is whether that individual will align with the choices you would make if circumstances allowed.

As an integral part of your estate planning team, your attorney can establish powers of attorney (POAs) for your financial affairs, business matters, and healthcare. These legally binding documents ensure that a trusted individual, chosen by you, will make informed decisions on your behalf should you become unable to do so.

Tax Efficiency Benefits

Tax Efficiency Benefits

While federal taxes primarily impact larger estates, it's crucial to recognize the variances in state tax laws. For those with substantial estates, the tax obligations could substantially diminish the inheritance left for your cherished loved ones.

Our team collaborates closely with your existing tax advisor or can assist in connecting you with one. Together, we'll craft a tax efficiency strategy designed to safeguard and preserve your assets. Subsequently, we'll strategically position these assets to maximize tax benefits and ensure the best possible outcome for your estate.

What is a Trust?

A trust is a legal vehicle that preserves your assets now or over time for future needs. Parents of young children or dependents with special needs can create a trust to set aside funds for their living expenses and education, protect the assets from misuse, and stipulate when the funds can be accessed. Another type of trust can set aside funds for charitable gifts or endowments. 

Some individuals who prefer the details of their estate to remain private, may choose to use a living trust in place of a will.  Disposing of assets via a living trust avoids the public probate process required by a will.  To do so, the individual transfers all their assets into a living trust.  The living trust must be signed before a notary.

Your estate planning team can discuss with you the different types of trusts and how estate planning and trust services can help you meet your goals.  When a plan for trust creation is established, your estate planning attorney can prepare the necessary documents and we can position your assets to best carry out the terms of the trust.

Estate Planning and Insurance

Estate Planning and Insurance

Life insurance serves as a vital means of securing your family's financial well-being in times of need.

On the other hand, long-term care insurance offers the assurance of affording necessary care as we grow older. These insurance policies, integral to an estate plan, provide the peace of mind that you and your loved ones will be cared for, regardless of the circumstances.

Begin Preserving Your Legacy Today

Our sole objective is to create an estate plan that grants you lasting financial peace of mind. Schedule a consultation to start the estate planning conversation. 

Book Time with Randy