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Estate Planning
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The Pension Professionals has available a variety of Estate
Planning tools to meet the needs of each individuals unique situation.
These tools include:
Estate Planning provides for:
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Minimized federal & state estate taxes,
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The smooth transition of assets to the next generation,
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Providing the means to fund required taxes without the un-orderly sale or
liquidation of assets and business interests.
Estate Taxes
As promised we now have a bill eliminating the death tax. Well,
sort of ...
Starting in 2002 the exemption goes to $1,000,000 and in 2004 to
$1,500,000 and from 2006 to 2008 up to $2,000,000 and in 2009 - $3,500,000 and
in year 2010 there is not tax.
Gift TaxesLimits are increased as the exemptions above
and the highest Gift Tax Rate decreases in the same period from 50% to 35%
by 2010.
The Economic Growth and Tax Relief Reconciliation Act of 2001
offer significant tax reductions for most taxpayers. But many of these are
phased in over a number of years, and due to budget limitations - are subject
to a "sunset" provision that, without further Congressional action would cause
the law's changes to expire after 2010.
With all the "ifs" in this legislation you may be better served
by going back to square one - and start thinking "outside the box". We
can help.
The Pension Professionals can assist you and your financial
& legal advisors in providing maximum protection for your assets, without
loss of control, and without negative tax implications.
Retirement Planning,
Asset Protection, and
Income Tax Savings can be integrated with your Estate
Planning to provide you with maximum benefit.
Contact The Taxstrategy.com today to determine how best to grow and
protect your estate.
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