The Business of Estate Planning: Leave Your Personal Fingerprint

Many strive to keep their business and personal realms separate and distinct.  Though this might be a tantalizing concept, the truth is that effective, strategic estate planning solutions are born from a very personal process.  And, with today’s American Taxpayer Relief Act of 2012 (ATRA) environment, which gives permanence to the lower rate of much of the tax cuts, while retaining the higher tax rate at upper income levels and also establishes caps on tax deductions and credits for those at upper income levels, the personal element in the business of estate planning has increased ten-fold.

Are You a Prospective Estate Planning Client?

Most often the answer to this question is simple - yes.  This is because Estate Planning (or Wealth Strategies Planning) is about much more than "the money".  Ultimately, it is about people, yourself, your loved ones; it is about security and prosperity.

Two early pioneers in the field of Estate Planning summarized the most common Estate Planning goals of their clients as follows:

"I would like to give my property to whom I want, in precisely the way I want.  Further, I wish my beneficiaries to receive my property when I wish them to receive it.