The Strategic Tax & Estate Plan
You've worked hard, paid your taxes, and have an expectation that what is yours is truly yours. Unfortunately, in the absence of serious professional estate planning, under current law the tax implications of estate distributions can be significant if your estate plan is not properly drafted and funded.
The Strategic Estate Plan is a critical component of The DarrowCFO™ Advantage. The complexities of successful estate planning include:
- Retirement Planning
- Estate Tax Planning and/or Inheritance Tax Planning
- Trust Management
- Asset Distribution Planning
- Separate Property Issues
- Community Property State Planning
Stock Options & Restricted Stock
Stock options and Restricted Stock present a category of tax and estate issues
that can have significant tax and distribution consequences if not properly addressed.
Stock options can create both federal and state tax liabilities. Vesting schedules
are often ignored and estate planning frequently overlooks the downstream, yet
significant, assets where future vesting rights accrue. Any special dispositions
or special bequests require significant oversight. That means from a personal
point of view, beneficiaries of stock option assets should ensure that those shares
are taxed at the lowest rate possible.
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A comprehensive Tax Planning Strategy requires advice from a team of skilled financial, insurance and legal professionals, all managed by The Darrow Company, in creating a plan that is right for you. The result is an Estate Management Plan that:
- Aims to anticipate the dynamics and estate planning implications of a growing estate as your financial assets increase in value over time
- Builds a strategy that considers both your current estate value as well as your expected estate value in the future
- Carefully considers the evolving insurance, legal, and tax implications as your wealth increases, as well as endeavors to ensure that your trusts are adequately funded, which frequently is a major deficiency in many trust programs
- Constructs an estate planning solution with innovative, established trust and tax mitigation mechanisms to support the secure requirements of a growing estate
- Manages the estate through a low-cost third-party fiduciary trustee, providing you with professional management of your assets
The objective of a competent third-party trustee is security, lower cost, and the comfort of knowing that there is an independent third party to make decisions objectively, based on the facts of a situation, rather than having a personal or financial conflict of interest.
As a result, the complexities of managing your assets successfully demand versatility, skill and experience. We work with you to help you navigate through the myriad of choices and decisions to find the total investment and estate management solution that is right for you. Contact Us to meet and discuss how The Darrow Company's solution fits your needs.
Go to Step 4: The Trust Solution
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