Estate Planning Information

Estate planning encompasses the growth, conservation, and transfer of an individual’s wealth through the creation and maintenance of an “estate plan.”  The purpose of estate planning is to develop a strategy that will maintain the financial security of individuals through their lifetime and facilitate the intended transfer of their property and assets at death, while taking into consideration the unique circumstances of the family and the potential costs of different methods.

All too often, we hear:

  • "I'm too young to do estate planning."
  • "All my property is titled in joint tenancy with my spouse so I don't need a will."
  • "Estate planning is only for the super-rich."
  • "Estate planning is too complicated and expensive."
  • "Doesn't the government provide for that?"
  • "We did our wills right after we got married 30 years ago and see no need for further planning."

If you seek advice and guidance with regard to your estate planning needs, please view our website and search for a the type of member that meets your needs.  As an alternative, you can search for an Accredited Estate Planner® (AEP®) or Estate Planning Law Specialist (EPLS) designation holder in your area on the National Association of Estate Planners & Councils website.

Featured Articles

Jim Nabors saved $4.8 million in taxes by marrying his husband

... is the author of several books on retirement and estate planning, including Live Gay, Retire Rich. His books on retirement strategies have been endorsed by Charles Schwab, Larry King, Jane Bryant Quinn, Ed Slott, and many more. He hosts a weekly financial show on KQV News Radio in Pittsburgh.

BUSINESS CALENDAR: Events of Dec. 11 to Jan. 6

Estate planning and investment seminar, “How your estate can avoid probate”: 10-11:30 a.m., Charlotte State Bank & Trust, North Port office, 4300 Aidan Lane. With Christine A. Hause, vice president. Free. Francine Wargo, 624-1944, fwargo@csbtfl. Young Entrepreneurs of Sarasota: 11:30 a.m.-1 p.m., ...

Battle the Big 4 Retirement Risks With a Solid Income Plan

Your plan also should extend to the loved ones who will inherit your money. Proper positioning will help you leave a legacy without passing on any estate-planning snafus or excessive taxes to those who receive it. Talk to your adviser about how this applies to your retirement accounts, and if you should ...

Iconic Estate Flops: What Michael Jackson, Whitney Houston and Prince Did Wrong

Whitney Houston's estate planning did include a will, establishing a sole heir — her daughter, Bobbi Kristina Brown — and contingent heirs. With heirs in place, the execution of the will would appear to be cut-and-dried. However, more than five years after Houston's death, her estate is still being settled.

Tax Deduction Tips - Smart Estate Planning Options for Doctors

Even a couple of years back estate tax and income tax were not as foreboding as they are today. Children often moved into their parents' houses after their parents passed away. Things are not that simple today! Doctors in the USA are having a hard time. Their average income usually ranges between ...