February 22, 2018

Estate Planning

Estate Planning aims to preserve the maximum amount of wealth possible for the intended beneficiaries while maintaining flexibility for the individual/individuals prior to death. This is the cornerstone of creating generational wealth.

Estate Planning Issues to be addressed include:

  • Wills/guardianship
  • Living wills
  • Trusts
  • Powers of attorney
  • Inter vivos gifts (gifts made while donor is alive)
  • Asset ownership
  • Beneficiary selection strategies
  • Stretch-out I.R.A. – preserving wealth across generations
  • Charitable giving

LeBlanc Wealth Management and LPL Financial do not provide legal / tax advice or services. Please consult your legal / tax advisor regarding your specific situation.

The term “stretch IRA” is a marketing term used to describe an IRA that is set up to extend the period of tax deferred earnings beyond the lifetime of the individual who created the account. The accounts are typically designed to last over multiple generations.