Estate Planning

Estate Planning

The Estate Planning For some investors there comes a time when the most important factor guiding their investment or reinvestment decisions is estate planning. You don’t have to be rich to do estate planning—just smart. Everyone dies; it’s not a question of if; it’s a matter of when.

Many investors reach a point where they decide to make changes in their investments so that their estate is more manageable for their heirs or is structured properly to minimize any potential estate taxes. Sometimes a highmaintenance property has to be exchanged for a low-maintenance one.

Or perhaps a partnership interest in a property investment has to be divided to eliminate the potential for future disputes. Or maybe an investor wants to remove certain investments from her taxable estate through a charitable remainder trust or private annuity trust. Whatever the specific situation, there are savvy ways to restructure property investments so capital gains taxes can be deferred now and possibly eliminated completely for an investor’s heirs.