It's my opinion that everyone needs to spend time pre-determining how you are going to distribute your hard earned assets at the time of your death. Because of this, I offer a complimentary appointment to discuss creating a Retirement and Estate Plan strategy so please feel free to call David De La Rosa to schedule an appointment at 831-427-3040 or Email at: David.DeLaRosa@LPL.com
What Is Estate Planning?
Estate planning is the process of arranging and distributing ownership and use of your assets at your death while paying the least taxes possible. All of us want to provide for our loved ones and survivors' needs with the disposition of our property at death.
The objective of a carefully implemented estate plan can help to:
Create and conserve assets during your life
Manage death taxes and estate settlement costs.
Ensure that cash is available to pay unavoidable taxes and costs
Provide an orderly distribution of assets that meets the estate owner's objectives and intentions
Strive to provide family harmony.
The Estate Planning section covers a host of topics, all accessible from the home screen and all applicable to estate planning. You can learn about:
Wills and intestacy
Forms of property ownership
Federal gift tax
Federal estate tax
Qualified terminable interest property (QTIP)
Generation-skipping transfer tax (GSTT)
Irrevocable life insurance trusts
Spousal limited access trusts
Intentionally defective grantor trusts
Revocable living trusts
QPRTs, GRATs, and GRUTs
Family limited partnerships (FLPs)
Section 2503(c) trusts
UGMA and UTMA
Qualified domestic trusts
Special needs trusts
Advance medical directives
Durable power of attorney
Income in respect of a decedent
David De La Rosa and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation.
Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual.