Estate Planning is a complicated task that has many moving parts, and involves your Financial Advisors, Attorneys, and CPAs. TBH Franklin has extensive experience in this field and is often recommended by attorneys when planning for and managing an estate. While the options are endless to the strategies that can be devised, we partner with the client to figure out the most effective, and easy-to-implement strategies as possible. Some areas that we work on are:
- Manage excessive Estate Costs and Inheritance Taxes
- Continue or Transferring ownership of assets
- Use of Trusts and other Estate vehicles
- Provide Estate liquidity
- Work with the following Generations to help them understand how the estate is setup and how it is to be managed
- Address the impact of property owned in multiple states
- Discounting
- Gifting to heirs and others
- Attorney and CPA selection (if needed)
- Benefit analysis of gifting earlier rather than later in life
- Charitable Inclinations