Estate planning decisions are tough. At Hutchinson and Bloodgood LLP, we recognize each family is unique with their own set of circumstances and needs. Because we are sensitive to your concerns, we will help you establish a strategy to protect your assets, minimize estate taxes and ensure your wishes are followed. Our goal is to take the mystery out of estate planning and provide you a unique solution tailored to meet your needs.
Estate planning is a lifelong process in which you evaluate your situation and plan for the future. It includes planning for your retirement, for the possibility of disability and for death. Because the estate planning process requires that you consider a wide range of legal, financial and emotional issues, the advise of an estate planning specialist is critical.
Estate planning can be a positive experience, since it involves reviewing your situation and planning for your future. Although most people also find it unpleasant to think about the possibility of disability or death, advance planning is also a way to show your love and to reduce potential distress later. Some key issues our Estate Planning Specialist can advise you on are:
- Revocable Living Trusts
- Federal Estate Taxes
- Reducing Estate Taxes
- Avoiding Estate Tax on Life Insurance
- Using Insurance to Pay Estate Tax
- Gift Tax Issues
- Generation-Skipping Transfer Tax
- Tax-Deferred Accounts & Heirs' Income Tax
- Advanced Estate Planning Issues
- Health Care Decisions
- Planning for Disability or Incapacity
With changes in tax regulations, the economy and your personal situation, our customized estate plans can be easily revised. We encourage you to send us your questions and call us today.