Castle Estate Planning
Welcome to Castle Estate Planning
Specializing in Real Estate Investments
Every person should create an estate foundation, to include:
- Last Will & Testament (including Double Exemption Trusts for Couples with net worth greater than exemption amount and contingent trusts for minors)
- Durable General (Financial) Power of Attorney
- Durable Medical Power of Attorney
- Living Will
- Appropriate Titling of all Property
- Memorial Letter
These are the basic building blocks for any estate plan. We build upon a basic foundation to achieve your goals in the most cost effective, efficient manner possible while still striving to accomplish your goals.
WHAT IS DISPOSITIONAL PLANNING?
The ultimate goal of estate planning is to be able to retain the dignity of deciding how we share our love and our property. You worked hard for what you have and deserve to be able to decide what happens to it when when die. Dispositional planning involves a great deal of thought. Blended families, minor children, disabled loved ones, issues of control of a family business, and the changing federal estate tax exemption amount are but a few of the considerations we take into account. There are many roadblocks to effective estate planning:
- Failure to understand how wealth is shared:
- Operation of Law -- Titling.
- Insurance and Annuities -- Beneficiary Designations.
- Pension plans – Beneficiary Designations
- Probate – Wills and the fear of probate
- Intestacy -- Do Nothing, the “Ostrich” approach
- Gifting -- Family and Charities.
- Unwillingness to address planning issues.
- Use of “quick fix” solutions.
CONTACT US to receive more information.