The transfer of wealth has both emotional and financial consequences. The movement of one?s financial responsibilities and assets from one generation to the next creates a need for careful planning among spouses and children. Additionally, the existence of the federal gift and estate tax system threatens to break up a sizeable portion of the wealth that an individual has worked hard to develop. Recognizing the importance of family harmony in generational asset transfers and the imposition of gift and estate taxes upon such transfers, we believe there is a strong need to help our clients develop estate planning goals. We provide guidance and consulting in the following estate planning areas:
