While avoiding probate and eliminating estate taxation are often the main reasons families engage in estate planning, many other factors are important consider and act upon.Guardianship for dependents, advance health care directives and multigenerational wealth development are essential elements to incorporate into any comprehensive estate plan.

The basics for a family are:

• Last Will and Testament
• Revocable A-B Living Trust

For more advanced cases, strategies might include:

• Charitable Remainder Trusts (CRT)
• Charitable Gift Annuities (CGA)
• Family Limited Partnerships (FLP)
• Family Limited Liability Company (FLLC)
• Freeze Partnerships
• Overseas Asset Protection Trusts (OAPT)

The above strategies are complex and intellectually demanding. TWM's team of legal advisors, tax professionals and Certified Financial PlannersTM can assist clients with most basic to the most intricate estate planning needs. Contact us to schedule a free private consultation and discover the power of a team approach to your Wealth Preservation & Legacy Creation.

All the above topics and many others are found in Jacob Cooper's recent book, Wealth Preservation & Legacy Creation.