There are significant tax issues that can impact the amount passing to your heirs. These include estate tax, gift tax and generation-skipping transfer tax .

As part of our estate planning process, we work with your trusts and estates attorney. Together, we advise on ways to minimize or eliminate taxes on your estate, including gifting to family members, setting up an irrevocable life insurance trust, making charitable donations, establishing a family limited partnership and funding a qualified personal residence trust.