Estates & Trusts

Will your survivors have the resources they need after you're gone? During your lifetime you're taxed on income, savings, and purchases. After your death you'll be taxed on the transfer of your accumulated wealth. Without a carefully designed estate plan, the largest bill your family might ever see could be the federal government's estate tax.

If you and your spouse die without a proper estate plan, your children and grandchildren could be required to pay significant federal taxes, depending on the latest tax legislation.

Savage & Associates' professionals design comprehensive family estate plans. Our plans address the federal transfer system of gift, estate, generation skipping, and income taxes. Our plans include:

  • Strategies to reduce estate taxes
  • Charitable giving techniques with income tax savings
  • Continuation plans for family-owned businesses

To reduce your estate taxes, Savage & Associates employs sophisticated techniques such as family limited partnerships, living trusts, generation skipping trusts, and other vehicles of testamentary planning. The result is a plan that dramatically increases the amount your heirs receive.

Did you know that the vast majority of death claims paid in the United States are for permanent policies, not term? Permanent insurance is a key part of estate planning.

Family Estate Planning Products and Services include:

  • Will Planning
  • Testamentary Planning
  • Living Trusts
  • Generation Skipping Trusts
  • Charitable Remainder Trusts
  • Charitable Lead Trusts
  • Family Limited Partnerships
  • Wealth Preservation Consulting

*Walnut Street Securities, Inc.and its representatives do not provide tax or legal advice.  Please consult your tax advisor or attorney for such guidance.

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"Working with Phil Johnson of Savage & Associates has been a wonderful experience." * Click here for the full story >

 

 

*Please note: The testimonials provided on this website may not be indicative of the experience of other clients and do not ensure future success.

Savage & Associates offers all the resources you need to get the results you want. To learn more, call 419-475-8665 today.