This week is National Estate Planning Awareness Week, and Antheil Maslow & MacMinn encourages you to use this as an opportunity to discuss estate planning with your family and your attorney. For those without a plan, you should create and implement one immediately. For those whose circumstances have changed (birth of a child, divorce, death of a beneficiary, relocation, etc.) since their plan was last updated, its a good time to review the plan now. And, for those fortunate enough to have significant assets (in excess of $5 Million), you really should learn about tax planning strategies that could reduce your estate, gift, and GST tax exposure allowing you to pass more wealth on to your family. In fact, this fall there are some unprecedented opportunities for lifetime giving to reduce federal transfer taxes.
If you have questions about estate planning in general, and would like to meet with us about creating, changing, or just updating your estate plan, or are interested in learning about transfer tax planning, please contact one of our estate planning attorneys to schedule a courtesy consultation.