Advanced Estate Planning
Estate Planning Services in Boise
At Capital City Law, we understand that estate planning is about more than just creating a will or trust. Our advanced estate planning services take into account the unique needs and goals of each of our clients with accumulated wealth, providing tailored solutions that can help protect your assets, minimize taxes, and ensure that your loved ones are taken care of.
Life Insurance Trusts
One of the advanced estate planning services we offer is the use of life insurance trusts. These trusts can be used to provide financial support to your beneficiaries while also helping to reduce the tax burden on your estate. By placing your life insurance policies in a trust, the death benefit can be paid out tax-free to your beneficiaries, which can be especially beneficial if your estate is large or if you want to provide for your heirs in a specific way.
Dynasty Trusts
Another advanced estate planning option we offer is the creation of dynasty trusts. These trusts can be used to protect and preserve assets for multiple generations of your family, ensuring that your wealth will continue to benefit your loved ones for many years to come. Dynasty trusts can also be used to minimize gift and estate taxes, making them a powerful tool for preserving your legacy.
Irrevocable Trusts
Irrevocable trusts are another advanced estate planning option that we offer. These trusts can be used to transfer assets out of your estate, which can help to reduce your estate taxes and provide financial security for your beneficiaries. Irrevocable trusts can be used for various purposes, including providing for the care of a child or grandchild with special needs or protecting assets from creditors.
Additional Advanced Estate Planning Services
We also offer services related to Family limited partnerships and limited liability companies, grantor trusts, grantor retained annuity trusts, captive insurance companies, cash balance retirement plans, intra-family loans, self-canceling installment notes, installment sales to grantor trusts, qualified personal residence trusts, gift programs, retirement trusts, minors' trusts, generation-skipping trusts, and tax planning.
At Capital City Law, we have the knowledge and experience to provide advanced estate planning services that can help protect your assets, minimize taxes, and ensure that your loved ones are taken care of. Our team of attorneys will work closely with you to understand your unique needs and goals and create a plan tailored to your specific situation. If you're looking for advanced estate planning services in Boise, ID, please contact us today to schedule a consultation.