Estate Planning

The general objectives of an estate plan may include maximizing wealth through prudent investing, protecting and managing assets in case of disability, protecting assets from the claims of potential creditors, avoiding probate, minimizing transfer tax, income tax and expenses of administration, encouraging desired actions by beneficiaries, caring for family members with special needs, maximizing an individual's ability to enjoy assets while receiving governmental assistance, optimizing a charitable legacy, and preserving privacy and confidentiality  Estate Planning Strategies and Devices

​

The estate planning process may involve determining the best way for the client to own assets during his or her lifetime, determining how and when to transfer those assets to designated beneficiaries, maximizing exemptions from creditors and minimizing transfer taxes, planning for incapacity with respect to financial or personal and medical decisions, and planning for the final stages of life.