Estate and Retirement Planning by Stavis Margolis

Estate Planning
Without proper planning, most of a high net-worth individual's estate is likely to be consumed by estate taxes. In order to minimize taxes and maximize the estate for heirs, we employ various estate planning strategies. We assist in identifying key individuals to be involved in an estate plan, such as family trustees, executors or commercial trust/financial institutions, and the proper individuals to manage trusts.

Making plans for the transfer of an estate involves much more than drafting a will. It involves coordinating beneficiary designations; titling assets and coordinating various entities, such as family limited partnerships, family owned businesses, charitable foundations and trusts.

Because Stavis, Margolis Advisory Services is not bound to any specific bank or trust company, we can help identify a suitable custodial relationship should it be necessary. And, we can include provisions in the plan which enable clients to change relationships as performance or circumstances dictate.