Tax Planning

Tax plan­ning encom­pass­es the use of a broad range of tools to min­i­mize tax­es owed to the State and to the Federal Government. Tax sav­ings can come in the form of deduc­tions or cred­its against your income or a reduc­tion (at least on paper) of your estate for estate tax pur­pos­es. While each client’s needs will dif­fer, domes­tic and inter­na­tion­al tax plan­ning may include:

Capital Gains Bypass Trust
For Income tax Deduction, Elimination of Capital Gains, increas­ing of month­ly income, and Reduction of Estate Taxes

Family Limited Partnerships
For Estate Tax Reduction, and Potential Income Tax Reduction

Children’s Trust
For Reduction of Estate Taxes, Asset Protection, and Protection of Children

Tax Free Inheritance Trust
For Reduction of Estate Taxes, Asset Protection, and pro­vid­ing 100% tax-free income to heirs

Qualified Personal Residence Trust
For Estate tax Reduction, Asset Protection, and Gifting to Heirs

Family Foundation
For Income Tax Deduction, Estate Tax Reduction, Asset Protection,and Provision of Income Stream For Children