Estate Planning: Financial Estate Planning

The financial estate plans we develop for our clients encompass much more than traditional estate plans developed by most estate attorneys. We can help you reduce taxes and protect your estate, to help ensure the well-being of the people you love beyond your lifetime. Our experience has shown that there are ways to structure your assets so that you can maximize wealth transfer to your heirs while reducing their taxes owed. We also help your family avoid probate.

Nearly Everyone Needs an Estate Plan

If you have assets, you have an estate. That’s why you need to work with financial advisors to help you look at the big picture and develop a plan to help protect your loved ones and execute your wishes after you are gone. Life insurance can be an important tool in this process. And remember, it’s important to keep all of your documents as well as your beneficiaries on various accounts up to date, because your beneficiaries take precedence over wills and trust documents.


WATCH: John Goodhue Discusses Estate Planning Tactics on Retirement News Online 5:57

A will is only the beginning when it comes to your financial estate planning documents. A number of documents are needed. You need a general POA (power of attorney) for disability, you also need a health care POA coupled with living will (in the same document, something many people don’t realize). In many cases, a trust can help protect your children and grandchildren from probate, creditors, ex-spouses and/or stepparents.