1. • Financial Planning
   • Tax Strategies
   • Investment Management
   • Insurance Services
   • Estate Planning
   • Distribution Planning
2. • Our Approach
   • Our Team
   • FAQs
   • Career Opportunities
   • Roundtable
3. • Articles
   • eNewsletter
   • Market News
   • Special Events
4. • Stations
   • Meet the Host
   • Meet Frequent Guests

Estate Planning

Ensuring your legacy.
Estate planning involves every aspect of your life. You need to consider what can happen to you, to your health, and to your family. That means you need to think about future needs and interests, as you grow older; how you can best take care of yourself, the causes you support, and the people closest to you.

A good financial plan accounts for accumulating wealth as well as distributing it – a step that’s often overlooked.  In addition, if you own a business, estate planning also involves ensuring that your business will be in good hands after you retire or when you die. There’s a lot to consider about the legacy you leave.

Some of our services include:*

1. Recommendations on types of legal documents (wills, trusts and Power of Attorney)
2. Life Insurance: Second-to-Die, ILIT (Irrevocable Life Insurance Trusts), Capital Asset Transfer
3. Gifting strategies
4. Charitable giving (trusts)
5. Family partnerships
6. Business valuations

Did you know that in Minnesota, anyone that passes away with an estate worth $1,000,000 or more might be subject to tax? In Minnesota and many other states, the estate tax exemption levels have not changed accordingly with the Federal estate tax exemption. Although your estate might not be subject to Federal estate taxes, state estate taxes might still be imposed on the beneficiaries of your estate.

*Consult with your advisor to determine the actual services needed for your situation.