Wills & Trust Planning
Wills and trusts form vital elements of estate planning, enabling individuals to specify asset distribution, care for dependents, and manage affairs after death or incapacity. Collaborating with skilled estate planning attorneys, we assist clients in crafting comprehensive plans. Our goal is to prevent probate, safeguard beneficiaries, and minimize unnecessary taxex.
Please note that LPL Financial is not a tax or legal advisor. Please consult with your tax or legal advisor concerning your particular situation.
Planned Giving
Planned giving involves charitable contributions individuals plan and execute either during their lifetime or as part of estate planning, benefiting nonprofit organizations or charitable causes. While immediate donations are common, planned giving involves more strategic and thoughtful consideration, often encompassing intricate financial and tax planning. Simple strategies may include direct donations to charities from an IRA through a Qualified Charitable Distribution or adjusting a life insurance policy beneficiary to a local nonprofit. More complex methods encompass charitable remainder trusts, gift annuities, donor-advised funds, and private foundations.