WCS offers estate and tax planning for clients to ensure that their assets are distributed as desired consistent with their values and ideals. Estate Planning is also recommended for those interested in protecting their loved ones. At WCS, we begin the estate planning process with a careful analysis of, among other things, our clients’ holdings, business interests, life insurance, and employee benefits. Our focus is on understanding our client’s estate planning goals and implementing them in the most tax-efficient manner. We do not believe that tax considerations should be the controlling factor in estate planning, but we are prepared to guide our clients to solutions which are right for them personally and which use all possible tax-savings techniques.
From simple wills to sophisticated estate planning, we have used planning devices such as aggressive gift programs to family members, revocable (living) trusts, testamentary trusts, life insurance trusts, charitable gifts of various kinds and personal residence trusts.
Estate planning also includes planning for possible future disability. In counseling our clients, we recommend that consideration be given to durable powers of attorney for financial matters, and advance medical directives for health care.