Estates and Trusts

Leaving A Legacy

A carefully prepared estate plan will allow you to achieve many goals.

estate-planning

  1. Ensure the financial security of your spouse.
  2. Determine what should be left to your children and how their inheritance should be handled if they are young.
  3. Successfully transition a family business.
  4. Minimize the effects of taxes on your estate.
  5. Empower a reliable executor and trustee to invest and manage the assets of your estate.

By having a will, which is the basic estate planning tool, you can prevent two costly mistakes: lack of experienced management assistance for your family and the possible loss of thousands of dollars through needless taxation on your estate.

However, effective estate planning often requires more than a will. Life insurance proceeds, for example, usually are not governed by the terms of a will. Neither are benefits payable from retirement plans.  Such assets are often a large portion of many estates. Your planning should encompass all the financial resources that can be used to attain your goals.

A sound foundation for your plan

Comprehensive estate planning demands teamwork. Scott can help you and your attorney design a plan to fulfill your objectives. Together we will go through a series of important steps:

  • Obtain the necessary personal data about yourself and your family.
  • Help prepare a balance sheet of your assets and liabilities.
  • Assist with the review of your will and any existing trusts.
  • Evaluate your estate tax options.
  • Consider the best way to distribute your retirement plan benefits.
  • Compute potential estate, gift, and income tax liabilities in order to find the most practical and economic solutions.
  • Determine the availability of liquid assets to meet potential estate expenses and taxes.

From this analysis a plan will emerge. It may involve changing your will, suggestions for tax savings through the use of trusts, an adjustment in life insurance coverage, or a program of lifetime giving. We will work closely with you and your other advisers to help develop the best estate plan for you and your family.

style-h3.png  Theme Music...

style-h3.png  Contact Scott

Please make an appointment before you stop by.

1396 Charnelton
Eugene, OR 97401
(541) 687-1120

Office Hours: 9-4 weekdays
After hour/weekend appointments available by appointment

Scott Wilber - CPA - Eugene Oregon - Contact Us
Scott Wilber - CPA - Eugene Oregon - Quickbooks Training
Scott Wilber CPA - Eugene Oregon - Tax Return Prep

style-h3.png  Scott's Art...

Ceramic Art
Leather Art