The A B & C’s of Estate Planning

The A B & C’s of Estate Planning

A. = My Definition of Estate Planning

“I want to control my property while I am alive, take care of myself and my loved ones if I become disabled, and give what I have to whom I want, in the manner I want and when I want, and, if possible, I want to save on professional fees, court costs and taxes.”

I will explain my definition of Estate Planning and work with you to apply it to your particular personal and family situation to accomplish your hopes, dreams and concerns.

B. = The Estate Planning Pyramid

I will custom-design your Estate Plan with the Planning Pyramid in mind paying particular emphasis to building a strong foundation based on your particular hopes, dreams and concerns.

C. = Minimize Taxes

No one likes to pay taxes, as Judge Learned Hand stated back in 1934:

“We agree with the board and the taxpayer that a transaction, otherwise within an exception of the tax law, does not lose its immunity, because it is actuated by a desire to avoid, or, if one choose, to evade, taxation. Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.”
Hellvering v. Gregory 69 F 2d 809, March 19, 1934

I will explain your options to you so you can design an Estate Plan that minimizes (or perhaps eliminates) taxes.