Estate Planning

To minimize the tax liability on any income & capital gains.

Estate Planning Objectives

• Maximize after- tax income during life & after death
• Minimize income tax paid during life & after death
• Direct how assets will be distributed to beneficiary('s) in the most desired fashion
• Achieve highest possible gathering of assets

Misconceptions:

• Estate planning is only important after death
• Estate planning is only important for larger/wealthy estates