Securing your legacy: Planning for death & taxes

In today’s complex financial and legal landscape, estate planning is no longer optional, it’s essential. This session helps business owners and high net worth individuals navigate the essentials of will and estate planning. We’ll discuss tax strategies to protect your assets, family and business while maximizing the value of your estate. We'll discuss the planning process—including family decisions—on asset division and the associated income and probate taxes. More importantly, we’ll share lots of stories—what better way to learn than from other’s oversights?

What you’ll learn:

• What happens to your assets and debts when you die, from a tax perspective
• The significance of having a will(s) and other testamentary documents and what happens if you don’t
• Key components of a comprehensive estate plan 
• Asset disposition and post-mortem planning
• Strategies to minimize taxes and probate fees including the use of trusts, holding companies, and charitable giving
• Common mistakes to avoid and how to keep your plan up to date
• The importance of choosing your executor, power of attorney, and other representatives for your assets and/or health
• Ideas to communicate your estate plan with family and other stakeholders
• Methods to overcome decision paralysis so you can practically allocate assets/property