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Advanced Estate Tax Planning


Don't Wait to Protect Your Estate

Plan ahead now so you can leave the maximum inheritance possible to your family.

The earlier you begin using advanced estate planning strategies, the more potential savings on your estate taxes. Advanced tax planning focuses most specifically on three aspects of your property taxes:

  • Gift taxes
  • Estate taxes
  • Transfer taxes

Planning Techniques That May Be Beneficial

Especially if you have a large estate, you want to consider available strategies that could minimize your exposure to federal estate tax. Our team can do an analysis of your assets and create an estate plan that is customized to you and your family.

Heritage & Net Trusts

These types of trusts can protect beneficiaries from creditors and spouses.

Annual Giving

Transfer the maximum gift amounts each year to people that you care about.

Personal Residence Trust

This transfers ownership of a residence at a greatly reduced value for tax purposes.

Charitable Trusts

Reduce taxes while obtain a steady income stream for your family members.

Who This Service is For

Advanced estate planning is more than a simple will or basic living trust—can be critical for people with valuable, taxable estates. It provides options for minimizing or even eliminating estate taxes. Advanced estate planning puts family values first and protects assets to the benefit your future generations.

Want to Learn More?

For those who have accumulated even minimal wealth, the fear of losing it all in a lawsuit can be a great concern. Some professions are more prone to lawsuits than others and, of course, accidents can happen. How do you make a plan to protect your wealth while also avoiding unnecessary taxes and costs?

Advanced estate tax planning focuses primarily on reducing taxes, specifically the three taxes most commonly imposed on the transfer of assets: the gift tax, the estate tax, and the generation-skipping transfer tax. Advanced estate planning typically includes strategies such as: Life insurance trusts.

You can reduce or even eliminate estate taxes by gifting assets into an irrevocable trust for eventual transfer to your beneficiaries or even to charities. But the trust must be irrevocable. Many states allow trusts to continue for hundreds of years or even into perpetuity so you can establish dynasty trusts for their current and future family members.

What is the biggest enemy in tax planning?  (Not the IRS!) Procrastinating!

The earlier your planning starts, the easier the planning is maintained and the more tax savings can be realized. Because Advanced Estate Tax Planning focuses primarily on reducing taxes, you can plan to reduce three most common taxations on the transfer of assets: the gift tax, the estate tax, and the generation-skipping transfer tax. Some strategies include:

  • Life insurance trusts
  • Qualified personal residence trusts
  • Grantor retained annuity trusts
  • Asset protection trusts
  • Land trusts
  • Dynasty Trusts
  • Family limited partnerships or limited liability companies
  • Asset gifting
  • Reduction of estate taxes