Estate planning involves ensuring that your estate passes to whom you want, when you want, and is carried out in the manner you've chosen.  For most, estate planning will involve a fair and equitable distribution of assets, for those with seven figure estates slightly more sophisticated tax planning will take place to maximize your family legacy. 

One aspect of estate planning that Wisquote has a unique specialty in is minimizing long term care expenses and taxes utilizing a hybrid form of planning which is of the most use for couples and individuals with net assets between $1 million and $2 million.  This group of people has enough in assets to have signifcant tax concerns, but not enough to be self-insured against the risk of having their estate ravaged by long term care expenses.  We partner with qualified attorneys to set up wealth replacement trusts which help promote quality of life and maximization of inheritable wealth.

At Wisquote we partner with other professionals to make certain that your estate plan accomplishes the goals that you set.  Contact us to discuss your situation.  We will work with your existing legal and tax advisors or recommend several for you to consider. 

Estate Tax, Gift Tax and GST Tax Rules for 2011