Estate Planning & Trust Management

Estate Planning & Trust Management

Estate planning involves creating a comprehensive plan for the distribution of your assets and the management of your affairs in the event of your incapacitation or death. 

It encompasses the creation of legal documents such as wills, trusts, powers of attorney, and advance healthcare directives, as well as strategies to minimize estate taxes, protect your assets, and ensure the smooth transfer of wealth to your beneficiaries.

As a wealth management firm, we work closely with your tax and legal advisors to help you navigate the complexities of preserving and transferring your wealth.

Asset Inventory & Assessment

Our firm starts by working with you to conduct a thorough inventory and assessment of your assets, including financial accounts, real estate, investments, business interests, and personal property.  This provides a clear understanding of your wealth and enables our team to develop an estate plan tailored to your specific needs.

Will & Trust Creation

Our wealth management team, in concert with your other professional advisors, assists you in creating legally sound wills and trusts.  Wills outline how assets will be distributed upon death, appoint guardians for minor children, and name an executor to carry out your wishes. Trusts, such as revocable living trusts or irrevocable trusts, can be established to manage and protect your assets during your lifetime and facilitate the transfer of those assets to beneficiaries according to predetermined instructions while avoiding the lengthy, public, and expensive probate process.

Beneficiary Designation & Asset Titling

We work with you to appropriately designate beneficiaries for financial accounts, retirement plans, and life insurance policies.  By titling accounts and aligning your assets with your estate plan, we help you avoid probate and ensure a smooth transfer to your intended beneficiaries.

Estate Tax Planning

Our wealth management team works with your other professionals to develop strategies to minimize estate taxes and preserve your wealth for future generations.  This may involve leveraging strategies such as gifting, charitable giving, or establishing trusts designed to reduce your estate tax liabilities.  By staying updated on current tax laws and regulations, our firm helps to ensure you are aware of available tax-saving opportunities and can make informed decisions.

Succession Planning for Businesses

If you are a business owner, we can assist you with succession planning.  This involves creating strategies to smoothly transition the business to a new operator, a Private Equity (PE) firm, the next generation, or other identified successors such as a surviving spouse or the employees of the company.  Our team helps clients identify and address potential challenges, implement contingency plans, and facilitate the transfer of ownership while minimizing tax implications and thus, maximizing the benefit to you and your heirs.

Healthcare & Incapacity Planning

We can help you prepare for potential incapacitation or medical emergencies by helping you to create advance healthcare directives and powers of attorney.  These documents appoint trusted individuals to make medical decisions and manage financial affairs on your behalf if you become unable to do so.  By planning for these difficult scenarios, we ensure that your wishes are respected, and your affairs are handled in accordance with your desires.

Regular Plan Review & Updates

Our firm recognizes that your estate planning needs may evolve over time due to changes in your personal or family circumstances, tax laws, or financial goals.  Our team conducts regular reviews of your estate plan to ensure it remains up to date and aligned with your current intentions.  This includes reviewing beneficiary designations, assessing the need for updates to wills or trusts, and addressing any new estate planning considerations that may arise.

Providing Ongoing Trust Management

We provide ongoing management of your trust accounts, overseeing your assets and making sure they are invested appropriately.  Our team also helps to handle distributions to your beneficiaries and charities according to your wishes and works with your other professionals to maintain compliance and meet any tax obligations.

Coordinating With Other Professionals

We work closely with other professionals, such as your attorneys and CPAs through the initial planning process to ensure that all of the correct structures are in place.  We continue to collaborate through titling and any updates or changes to your plan, family composition, tax rules or laws.  Once trusts are funded and assets transferred, we will continue to coordinate to facilitate ongoing investment management, tax filing and distributions to beneficiaries and charity.

Asset Inventory & Assessment

Our firm starts by working with you to conduct a thorough inventory and assessment of your assets, including financial accounts, real estate, investments, business interests, and personal property.  This provides a clear understanding of your wealth and enables our team to develop an estate plan tailored to your specific needs.

Will & Trust Creation

Our wealth management team, in concert with your other professional advisors, assists you in creating legally sound wills and trusts.  Wills outline how assets will be distributed upon death, appoint guardians for minor children, and name an executor to carry out your wishes. Trusts, such as revocable living trusts or irrevocable trusts, can be established to manage and protect your assets during your lifetime and facilitate the transfer of those assets to beneficiaries according to predetermined instructions while avoiding the lengthy, public, and expensive probate process.

Beneficiary Designation & Asset Titling

We work with you to appropriately designate beneficiaries for financial accounts, retirement plans, and life insurance policies.  By titling accounts and aligning your assets with your estate plan, we help you avoid probate and ensure a smooth transfer to your intended beneficiaries.

Estate Tax Planning

Our wealth management team works with your other professionals to develop strategies to minimize estate taxes and preserve your wealth for future generations.  This may involve leveraging strategies such as gifting, charitable giving, or establishing trusts designed to reduce your estate tax liabilities.  By staying updated on current tax laws and regulations, our firm helps to ensure you are aware of available tax-saving opportunities and can make informed decisions.

Succession Planning for Businesses

If you are a business owner, we can assist you with succession planning.  This involves creating strategies to smoothly transition the business to a new operator, a Private Equity (PE) firm, the next generation, or other identified successors such as a surviving spouse or the employees of the company.  Our team helps clients identify and address potential challenges, implement contingency plans, and facilitate the transfer of ownership while minimizing tax implications and thus, maximizing the benefit to you and your heirs.

Healthcare & Incapacity Planning

We can help you prepare for potential incapacitation or medical emergencies by helping you to create advance healthcare directives and powers of attorney.  These documents appoint trusted individuals to make medical decisions and manage financial affairs on your behalf if you become unable to do so.  By planning for these difficult scenarios, we ensure that your wishes are respected, and your affairs are handled in accordance with your desires.

Regular Plan Review & Updates

Our firm recognizes that your estate planning needs may evolve over time due to changes in your personal or family circumstances, tax laws, or financial goals.  Our team conducts regular reviews of your estate plan to ensure it remains up to date and aligned with your current intentions.  This includes reviewing beneficiary designations, assessing the need for updates to wills or trusts, and addressing any new estate planning considerations that may arise.

Providing Ongoing Trust Management

We provide ongoing management of your trust accounts, overseeing your assets and making sure they are invested appropriately.  Our team also helps to handle distributions to your beneficiaries and charities according to your wishes and works with your other professionals to maintain compliance and meet any tax obligations.

Coordinating With Other Professionals

We work closely with other professionals, such as your attorneys and CPAs through the initial planning process to ensure that all of the correct structures are in place.  We continue to collaborate through titling and any updates or changes to your plan, family composition, tax rules or laws.  Once trusts are funded and assets transferred, we will continue to coordinate to facilitate ongoing investment management, tax filing and distributions to beneficiaries and charity.

By providing comprehensive estate planning services, our wealth management firm helps you protect your assets, ensure the smooth transfer of your wealth, and minimize any tax liabilities.

Through our personalized guidance, our partners’ legal expertise, and a team approach to ongoing support, we assist you in creating and managing a robust estate plan that reflects your wishes and preserves your legacy for future generations.

Have Questions? We're Here to Help.

Our calls are always relaxed and pressure-free.

Core Estate Planning & Trust Services

Existing Estate Plan Review

Professional Referral Services

Federal Estate Tax Planning / Analysis

State Estate Tax Planning / Analysis

Estate Tax Reduction Strategies

Family Legacy Planning

Beneficiary Engagement

Gift Planning

Charitable / Philanthropic Planning

Review Potential Trust Options

Funding of Trusts / Retitling of Assets

Jurisdiction Guidance

Guidance on Creating / Reviewing Healthcare Proxy

Guidance on Creating / Reviewing Power of Attorney

Guidance on Creating / Reviewing Will

Guidance on Pre-Nuptual Agreements

Business Succession Planning

Surviving Spouse Analysis

Long-Term Investment Strategy

Trust Asset Distribution

Family Governance

Trustee and Fiduciary Coordination

Guidance on Creating / Reviewing Advance Directive

Transferring Wealth

Core Estate Planning & Trust Services

Existing Estate Plan Review

Professional Referral Services

Federal Estate Tax Planning / Analysis

State Estate Tax Planning / Analysis

Estate Tax Reduction Strategies

Family Legacy Planning

Beneficiary Engagement

Gift Planning

Charitable / Philanthropic Planning

Review Potential Trust Options

Funding of Trusts / Retitling of Assets

Jurisdiction Guidance

Guidance on Creating / Reviewing Healthcare Proxy

Guidance on Creating / Reviewing Power of Attorney

Guidance on Creating / Reviewing Will

Guidance on Pre-Nuptual Agreements

Business Succession Planning

Surviving Spouse Analysis

Long-Term Investment Strategy

Trust Asset Distribution

Family Governance

Trustee and Fiduciary Coordination

Guidance on Creating / Reviewing Advance Directive

Transferring Wealth

Estate Planning or Trust Management

Our calls are always relaxed and pressure-free.