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December 1, 2018 / Newsletters

Insight on Estate Planning, Year End 2018

Weinstock Manion is pleased to present the Year End 2018 issue of Insight on Estate Planning, our bi-monthly newsletter. We encourage you to read it for ways to implement your estate plan more effectively, including ways to minimize taxes on your estate so as to maximize its value for your loved ones. We realize that we cannot fully address these complex issues in a few short articles, so we invite you to contact us to discuss your specific needs.

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In this issue:

Don’t be afraid of probate
Probate. The word itself is enough to strike fear into the hearts of elderly individuals and their loved ones. This article explains why, with proper planning, probate can be avoided and which assets don’t go through the probate process.

Smart estate planning begins with protecting your assets
It’s one thing to earn enough to live a comfortable lifestyle. It’s yet another to develop a plan for protecting one’s assets so that there’s more for heirs after death. This article details asset protection strategies.

Thinking long term: Don’t overlook long-term care planning
An illness that requires long-term care (LTC) can quickly deplete one’s savings and derail an estate plan. This article explains why LTC insurance is an important part of the planning process.

Estate Planning Pitfall: You’re not making direct payments of tuition and medical expenses
When it comes to gifting strategies, there are many to choose from. One such option is to make direct payments of tuition and medical expenses. This brief article provides the specifics of how this strategy works.

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