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At the Law offices of John S. Pokalsky, we will counsel
you on the type of planning that best suits your needs.
There are a number of ways you can pass your property
and assets on to your heirs and significantly reduce the
taxes as well as the time and expense of court probate
proceedings that might otherwise go along with it.
Mr. Pokalsky can assist you with a variety of
instruments and trust vehicles to best provide you with
your needs in this area.
There are simple wills with built in testamentary trusts
that may very well suit you best.
Perhaps the creation of a Family Limited Partnership or
Revocable Living Trust is the best avenue for you.
Remember, the goal is to provide for your wishes in
disposing of your hard earned property and assets in the
most cost efficient manner and to avoid tax and probate
consequences.
Perhaps you have a child who is unable to fully provide
for himself or herself when you are no longer here. The
creation of a “Special Needs” Trust to supplement
government benefits might be appropriate for you in this
situation.
If you are planning your retirement, you may want to
consider a trust mechanism created in conjunction with a
life insurance policy that funds an annuity to provide
you with a steady stream of reliable income in your
later years.
If you have any questions you would like to discuss in
this important planning area of your life, please don’t
hesitate to pick up the phone and give Mr. Pokalsky a
call. |
