What We Do

Estate Planning

Caring After Death

Estate planning is the practice of arranging the distribution, preservation and management of an individual's assets after death. It also encompasses the management of an individual's assets and/or financial obligations should s/he become mentally incapacitated and deemed unable to make sound financial decisions.

Reasons to Plan

Typically, the assets that could comprise an individual's estate would include real estate, automobiles, equities/shares, artwork, various insurances, retirement accounts or pensions and debt. There are several reasons why an individual would wish to plan their estate. These reasons could include, the preservation of family wealth and/or heirlooms, ensuring that surviving spouses, immediate family and extended family etc are provided for, the funding of education for children or grandchildren or, increasingly these days, leaving a legacy to a charitable institution.

Bequeath to Worthy Causes

Individuals have various reasons for planning an estate, such as preserving family wealth, providing for surviving spouse and children, funding children and/or grandchildren's education, or leaving a legacy behind to a charitable cause. In most instances, the first step in planning their estate is the drafting of a last will and testament.

Other major estate planning tasks include:

  • Mitigating the impact of inheritance or estate taxes by instigating trust accounts in the name(s) of beneficiaries. This can effectively "ring-fence" assets rendering them untouchable to the revenue services. (This may vary from jurisdiction to jurisdiction)
  • Creating a custodian for surviving dependents
  • Specifying an executor of the estate to ensure that the terms of the will are strictly adhered to
  • The ongoing creation of new and the amendment of existing beneficiaries on assets such as life insurance policies, IRAs and 401(k)s
  • Planning of funeral arrangements
  • Establishing regular gifting to qualifying charitable causes and not-for-profit organizations in order to reduce the estate's liability to taxes
  • Establishing or creating enduring power of attorney (POA) to facilitate the direction of other assets and investments in the event of mental incapacity

Whom We Serve

  • Individuals and Families
    By a wide margin, individuals and families represent the largest single group in our client base. Whatever their reasons for coming to us – the need to accumulate wealth or the desire to conserve it – they know their needs will be met.
  • High Net Worth Individuals
    For the most part, our clients are usually high net worth individuals and family trusts or professionals all of whom want to maintain or enhance existing lifestyles or to prepare for looming circumstantial changes.
  • Family Trusts
    We look after the investment and strategic deployment of wealth for families via our wealth management practice while paying close mind to the need for capital and asset conservation.

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Whom We Serve