Estate Planning

Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death. An estate plan aims to preserve the maximum amount of wealth for the intended beneficiaries. A major concern for drafters of estate plans is federal and state tax law. Despite the 2001 law change calling for a complete repeal of the federal estate tax in 2010, estate tax planning remains critically important until that repeal actually occurs (if it ever does occur). Politicians have been known to change their minds. Let us help. However the new laws evolve over the next decade, Robert S. Babaian & Company will be there to help you protect your assets and pass them on to your loved ones.