Estate/Trust Planning

Estate Planning involves the orderly arrangement of one's financial affairs so as to maximize the value of the estate when transferred at death, to the people and institutions favored by the deceased, with minimum loss of value because of taxes and forced liquidation of assets. A well-structured estate plan is invaluable. Through it you can control the distribution of your assets and possessions, as well as name guardians for your children or plan care for other dependents. While the process of planning your estate can raise some difficult emotional and personal issues, your heirs will be glad that you did so, and you will be comfortable knowing that your wishes are assured.


One way to gain a maximum estate is through the process the IRS allows for a personal IRA to be stretched through multiple generations, deferring and taking advantage of decades of tax-deferred growth. Through our "IRA Expert Training" we can turn a family estate into a family heirloom.

Let us show you how, for example, we can stretch a $400,000 IRA into $1.3 Million of income over three (3) generations.

We work through a network of elder care attorney, estate attorneys, trust attorneys and CPAs to maximize your estate protection.



Setting up trusts can help you avoid probate, reduce estate taxes, and may also help you set up long-term property management. Probate can take months and can eat up about 5-10% of the property through lawyer and court fees. If you set up a trust before your death, after your death property can be quickly and quietly distributed to the beneficiaries, and there are no lawyer or court fees to pay. There are several kinds of living trusts. We can help you decide whether you need a living trust and what type would be best for you and your heirs.




Revocable Living Trust

A Revocable Living Trust is "Revocable" because you can change the terms or cancel it at any time. It is "Living" because the trust takes effect while you are still alive. It is a "Trust" because it creates a place where assets are available for your normal use now as well as after your death. It can be used for other reasons in addition to avoiding probate: if you own property in more than one state your heirs can avoid multiple probate proceedings; if you are incapacitated, your successor trustee can manage your affairs; and you can specify the maturity age of your heirs.

Irrevocable Life Insurance Trusts

An Irrevocable Life Insurance Trust helps you reduce the number of assets that will be subject to taxation after your death, by gifting life insurance premiums to the ultimate beneficiaries through a lifetime gifting program. You can avoid transfer tax on any appreciation in the value of the gift between the time of the gift and the grantor's death. Life Insurance is a particularly attractive vehicle for this situation because of the great difference in values before and after the insured's (grantor's) death. Gifts to an Irrevocable Life Insurance Trust are often eligible for the $10,000 annual gift tax exclusion, meaning that no one pays any taxes on the gift, neither the grantor nor the heir.

Charitable Remainder Trusts

The Charitable Remainder Trust is an irrevocable trust with both charitable and non-charitable beneficiaries. The donor transfers highly appreciated assets into the trust and retains an income interest. Upon expiration of the income interest, the remainder in the trust passes to a qualified charity of the donor's choice. If properly structured, the CRT permits the donor to receive income, estate, and/or gift tax advantages. These advantages often provide for a much greater income stream to the income beneficiary than would be available outside the trust.


We work through a network of elder care attorneys, estate attorneys, trust attorneys and CPAs to maximize your estate protection.