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arrow.gif Real Estate


Upcoming Workshops

Wednesday 8/23 2:30PM
Free Estate Planning Workshop
Wednesday 9/13 5:00PM
Free Estate Planning Workshop
Wednesday 9/27 2:30PM
Free Estate Planning Workshop
Wednesday 10/11 5:00PM
Free Estate Planning Workshop
Estate Planning

What Is Estate Planning?

An estate plan is an important part of any ongoing financial planning process and it puts in place what legacy you would like to leave behind for your family ensuring that what you have passes to those you love when and how you want. It is made up of five different elements and those elements are wills, trusts, life insurance, gifts, and tax exclusion.  THE PROBLEM WITH TRADITIONAL ESTATE PLANNING - where estate planning is perceived by professionals as transactional -  IS FAILING TO ADDRESS ELEMENTS THAT RESPOND TO CHANGING FAMILY NEEDS!

The Importance of Title

Everything in estate planning comes down to title. Personal protections depend on title.  In other words, you and your family only receive the benefits of your planning if your planning controls your wealth.Tax savings depend on title. Control comes from title which stands against the right of anyone else to claim title.

The 3 Step Strategy for Estate Planning

  1. Work With A Counseling-oriented attorney;
  2. Establish And Maintain A Formal Updating Program; and
  3. Essure Fully-Disclosed And Controlled Settlement Costs After Your Death

Our Webster law firm sees the planning process as a pyramid.  The pyramid's foundation is the "vision", a thorough understanding of your needs, goals, dreams and aspirations.

Most people want to be sure that they are taken care of now, and throughout their retirement years. We find that most of our clients first want to protect and preserve the wealth that they have, and then they are interested in enhancing that wealth.

After the foundation of the pyramid is laid, it is appropriate to discuss wealth and whenever possible to work with and include your financial advisor. 

The final building block of the pyramid is built on tax planning.  Once we have applied your strategy and provisions for you, dicussed your family make up to uncover as many potential issues as possible, discuss your aspirations regarding your finances,  our level of discussion turns to strategies and tools to save taxes. Like the last piece of a jigsaw puzzle, this is the easiest piece to put in place when applied after the groundwork has been laid. 

We believe that by planning according to the pyramid, we can better focus on client goals and create solutions.

The sucess of "pyramid estate planning" is that every expectation the client develops as they begin planning is completely met. 

Contact us by email, plydon@suttersummerslydon.com, or call our firm for a free consultation on estate planning.