Second presentation

Estate Planning ,[object Object]

What is Estate Planning? ,[object Object]

Who Needs Estate Planning? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Estate Planning Team ,[object Object],[object Object],[object Object],[object Object]

Key Problems at Death ,[object Object],[object Object],[object Object]

Care of Minor Children ,[object Object],[object Object],[object Object]

What Happens to Your Estate at Death ,[object Object],[object Object],With Planning Depends on You!

Without Proper Planning ,[object Object],[object Object],[object Object],[object Object],These costs are paid first

Your Heirs Get What’s Left Over

Proper Estate Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Reasons For a Will ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What is Probate? ,[object Object],[object Object],Court supervised transfer of assets at death

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Cost of Probate Gross Estate Typical Fee 5%

Probate Avoidance ,[object Object],[object Object],[object Object],[object Object],[object Object]

Revocable Living Trust ,[object Object],[object Object],[object Object],Legally created relationship

Living Trust ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Advantages

Living Trust ,[object Object],[object Object],Disadvantages

Federal Estate Taxes ,[object Object],[object Object],[object Object],[object Object],[object Object],Estate Size Estate Taxes

Projected Estate Value ,[object Object],$600,000 $881,597 $1,295,355 $1,903,301 Taxes 5 Years 10 Years 15 Years $544,485

Projected Estate Value ,[object Object],$600,000 $765,769 $977,337 $1,247,357 Taxes 5 Years 10 Years 15 Years $254,416

Will There Be Enough Liquidity in Your Estate at Death? ,[object Object],[object Object],[object Object],[object Object]

Estate Planning Techniques ,[object Object],[object Object],[object Object]

Problems With “All to Spouse Will” ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],Survivors Trust By-Pass Trust Children’s Trust

[object Object],[object Object],Survivors Trust By-Pass Trust Children’s Trust ,[object Object],[object Object],[object Object],[object Object],[object Object],Distribute outright or pursuant to trust document No tax Tax on estate over $2,000,000 No tax on balance No tax up to $2,000,000

Four Alternatives ,[object Object],1.6 1.4 1.2 1.0 .8 .6 .4 .2 0 Borrowed Funds 0 10 20 30 40 Years Liquidate Assets Cash Life Insurance

Life Insurance ,[object Object],[object Object],[object Object]

Second-to-die Life Insurance “Survivorship life” ,[object Object],[object Object]

Irrevocable Life Insurance Trust ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What About the Insurer’s Financial Strength? The insurer must be able to meet its obligations to policyholders many years in the future.

Estate Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Getting Started ,[object Object],[object Object],[object Object],[object Object],[object Object]

Second presentation

Recommended

Recommended

More Related Content

What's hot

What's hot (17)

Similar to Second presentation

Similar to Second presentation (20)

Recently uploaded

Recently uploaded (20)

Second presentation

Editor's Notes