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Wealth Transfer We believe that having wealth means having a great deal of responsibility. There are few areas where this is more evident than in the handling of estate matters. A properly implemented estate plan can save your heirs a considerable amount of time and heartache, not to mention money. This allows you to create the legacy that you have always dreamt of. However, transferring assets as part of an estate is one of the most complicated areas of wealth management. Under current tax law, as much as 45 percent of your estate may be lost to federal estate taxes, decreasing yearly until jumping back up to 55 percent in 2011 (EGTTRA 2001). Excelcia Financial Group's wealth managers work closely with estate planning attorneys, to help them design tax-minimizing transfer strategies to ensure that your assets pass to your heirs according to your wishes. Solutions that we recommend may be as wide ranging as basic wills and trusts, complex trusts, lifetime giving, sophisticated life insurance strategies, and charitable giving. Many times our recommendations utilize several of these strategies in combination to maximize the benefit the family receives. |