At Miami Tax Advisor, our fundamental client service principle revolves around assisting clients in the creation, growth, and safeguarding of their wealth. Estate planning plays a pivotal role in wealth protection.

Under current estate tax regulations, a significant portion of your estate can be subject to taxation if proper planning measures aren’t in place. Our estate planning experts collaborate with your legal advisor to craft tailor-made estate planning strategies aimed at reducing tax liabilities and lowering probate costs. This approach facilitates the attainment of your individual financial goals.

Lifetime Strategies:

• Leveraging gifting with the judicious use of discounts.
• Trust planning to address non-tax-related needs, including A-B trusts and charitable giving.
• Utilization of irrevocable life insurance trusts (ILIT) to shield assets from the estate while providing funds for estate tax obligations.
• Comprehensive estate tax planning to minimize transfer tax burdens.

Post-Mortem Strategies:

• Implementation of qualified disclaimers.
• Asset allocation and trust funding strategies.
• Leveraging and reducing wealth through powers of appointment.

Estate planning is a highly personalized process that demands meticulous attention to detail, and it can only be effectively achieved through close collaboration between our experts and our valued clients.