For most of our clients, the focus has shifted from planning to avoid taxes and toward what is really important to them. As we approach the new year, we look forward to helping our existing clients, as well as those we will have the opportunity to work with in 2025.

For most of our estate planning clients, their general desire is to leave their estate (eventually) to their children.  That’s usually an easy decision, but it is only a starting point for what needs to be an extensive discussion. One of the biggest decisions our clients need to make is how the child will receive his or her inheritance. Essentially, there are only two ways to leave assets to a person – either outright or in trust. That being said, there are many varieties of trusts that can be designed to provide different levels of control and flexibility.  Let’s look at these options in further depth.