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OUR SERVICES
Estate Planning Strategies
We can review your estate investment plan and work with your attorney to care for your family in the manner you choose.
We believe an estate planning strategy is important for everyone – not just the wealthy. For most families, estate planning is actually fairly simple – with professional help. However, depending on your situation, estate planning may be rather complex.
One of the most common mistakes we see when we engage with a new family is a lack of or incomplete estate planning strategy.
Some questions to consider are the following:
- Are your beneficiary designations up-to-date?
- Are your assets titled correctly?
- When is the last time your estate planning documents were reviewed by your attorney?
- Do you have a healthcare and financial power of attorney drafted, and do they reflect your current wishes?
Oxford Harriman & Company can help review your current estate investment plan and work with your attorney to help better understand how your plan will be implemented, and how your assets will be transferred upon your death.
We believe working with a qualified estate planning attorney you can be confident that your family is taken care of in the manner you choose, that your assets are distributed based on your wishes, that administrative issues are minimized, and that your family’s privacy is protected. Equally important, you have the opportunity to make sure that income and estate taxes are minimized.
We help you better understand important concepts that help you prepare for a consultation with your estate planning attorney. If you do not have an estate planning attorney, we help introduce you to firms we feel are a good fit for you and your family.
In preparation for your estate plan review we will help you consider and review the following:
- Collaboration with your estate planning attorney
- Recommend an unaffiliated attorney for free
- Strategies designed to minimize estate taxes
- Independent trustee referral solutions
- Legacy planning
- Assistance in valuing assets at death
- Assistance in retitling retirement plans/IRA accounts
- Assistance with retitling assets and funding of trusts
- Help your family with the challenges of appointing an independent trustee
- Help review beneficiary designations with all insurance, retirement and benefit accounts
Wells Fargo Advisors Financial Network and its affiliates do not provide legal or tax advice.
