The fundamentals of Estate Planning: How to protect your family’s future

Mar 5, 2017 | Estate Planning

One of the best ways to help assure that your assets will be managed for your family as you intend is to develop a comprehensive estate plan designed to meet your individual needs. The estate planning process typically involves working with your financial, tax and legal advisors to develop a customized estate plan.

Many estate plans include the following:
  • Last Wills and Testaments
  • Durable Financial Powers of Attorney
  • Advance Medical Directives
  • Revocable and/or Irrevocable Trusts
  • Insurance Trusts
  • Charitable Remainder Trusts
  • Minor’s Trusts – Spendthrift Trusts
  • By-Pass or Credit Shelter Trusts
  • Marital Trusts (QTIP)
  • Grantor Retained Annuity Trusts or Grantor Retained Uni-Trusts
  • Qualified Personal Residence Trusts
  • Planning for Disabled Children
  • Life and Long-Term Care Insurance
  • Gifting Strategies
  • Business Succession Planning
  • Family Limited Partnerships
  • Pre-Nuptial Agreements



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