Estate Planning

With combined death taxes higher than 50% in some states, company owners individuals and professionals need to prepare themselves. An average family could easily lose more than half of their assets to the government. Why expose your assets to such financial risks?

Other issues include exposure of your assets to claims of creditors. In some cases, a simple change in how the title is held can save tens or hundreds of thousands of dollars. I once saved a client whose net worth was under $300,000 almost $40,000 in estate taxes, by simply changing the title of 2 assets. After the initial 20 minute free meeting, this took only a 15 minute meeting.

Estate Planning involves reviewing your will, any trusts you may have, and looking at your insurance, assets and liabilities, then developing an estate plan. Costs depend on complexity of state and time spent. In all cases written estimates and performance guarantees are disclosed and agreed upon in advance.

 

Ralph is highly qualified in this area holding the following designations:

  • CFP, Certified Financial Planner
  • CLU, Chartered Life Underwriter
  • ChFC, Chartered Financial Consultant
  • AEP, Accredited Estate Planner

Most of these designations are considered advanced financial degrees, and require many years of course work and experience, as well as ongoing continuing education.