Estate Planning - Cornerstone Group - Benefits Consultants, Rhode Island and Connecticut

Individual Services
Estate Planning

Having an estate plan is one of the most important things you can do for your family. It's not just about planning for estate taxes – it’s about developing a strategy for taking care of your loved ones if something happens to you.

As a member of your estate planning team, Cornerstone can help solve your estate planning dilemmas before they arise. Together with your accountant and attorney, we will analyze information on your assets and liabilities, desired heirs, and other goals and objectives to determine which estate planning strategies are best for your specific situation.

Some of the things your team will address include:

Planning for incapacity - Using powers of attorney and long-term care insurance to make sure things are taken care of if you become ill or injured

Avoiding probate - Helping your family avoid the delays and frustrations of probate and estate settlement

Transferring wealth - Using wills, beneficiary designations, gifting and trusts to efficiently transfer wealth to loved ones

Charitable giving - Developing gifting and trust strategies to benefit charities

Estate taxes - Reducing the potential estate tax burden your family may face

Trusts - Establishing one or more trusts to accomplish your goals

Because your circumstances change throughout your life, it’s important to revisit your estate plan regularly to make sure your family's needs will continue to be met.