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| Estate Planning |
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Estate tax savings for persons of wealth is the focus of traditional estate planning. We take a different view. While tax considerations should be recognized together with the desire of many to benefit later generations, we see estate planning as a set of coordinated activities directed primarily to the following objectives:
•Protecting the client during lifetime, personally and financially, from the risks posed by the client’s particular circumstances – whether related to taxes, financial vulnerability or potential need for long-term care or other special care or residential arrangements.
•Helping the client address the special personal, financial, medical or other special needs of a spouse, young children or adult children, particularly in relation to coordination of private resources and government benefits.
•Helping the client plan for possible future incapacity and the resulting need for protective substitute decision-making on legal, financial and health care matters.
Our attorneys have the experience necessary to develop comprehensive estate plans for our clients, recognizing each client’s unique needs and objectives. We work closely with every client to address these complex and sensitive issues with appropriate estate planning tools including wills, revocable and irrevocable trusts, durable powers of attorney and health care proxies. The Estate Planning Group works with RF&G attorneys in other practice areas, such as small business and real estate, and with the client’s other tax, investment and care advisors, to provide a comprehensive and coordinated approach to planning. Above all, ours is a common sense approach to estate planning that balances a client’s desire to minimize federal and state taxes with autonomy and other client goals for self and family.
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