Estate Tax Reduction & Financial Legacy Review
Utilizing your current and likely future income, annual expenses, current assets and debt, as well as tax implications of federal transfer taxes, state death taxes and federal income taxes, we review what options and considerations need to be made to ensure taxable percentages are capitalized on and legacy amounts are maximized. This review will enable the Financial Advisor to consider which elements of Estate Planning may be necessary to take full advantage of the assets of the estate. An assessment on the benefits and financial consequences of passing assets on to heirs will be conducted. An analysis of what tax planning strategies could be used to minimize the taxes of the estate, therefore maximizing legacy money available.