Estate Planning
You’ve work hard to build your wealth in pursuit of financial independence. Simply stated, estate planning is about the accumulation, preservation and subsequent transfer of that wealth. It provides the means of developing and implementing a master plan that facilitates the distribution of your wealth after you are gone, and provides for the future well-being of the ones you care about the most. Carefully designed, your estate plan can help minimize taxes while you are still alive, reduce estate taxes and minimize probate fees after you are gone, ensure that your assets get to your loved ones as quickly as possible, and help future generations effectively manage your family’s wealth.
Estate planning should be considered an essential part of any sound investment plan. Beyond simply transfer of wealth, it can also provide crucial guidance for other important needs, such as if you have children who are minors or who have special needs, your spouse is uncomfortable with or incapable of handling financial matters, you’re a business owner, you have property in more than one state, you intend to contribute to charity, you have special property such as artwork or collectibles, you have privacy concerns, or want to avoid probate.
Krier Wealth Management can help with these critical areas in the transfer of your wealth:
- Estate Planning
- Gifting
- Charitable Giving
- Trust Services through the Private Trust Company
- Succession Planning
- Family Investment Planning
- Education
- Tax Planning
Knowledge Base: Your money, your family and your business. What every owner should know.
