Estate Planning
You might be interested to learn how this “success” tax started in the first place. In the United States, the tradition of taxing assets at death began with the Stamp Act of 1797. While the first Stamp Act on tea helped precipitate the Revolutionary War, the second was far less dramatic. Revenues from requiring a federal stamp on wills in probate were used to pay off debts incurred during the undeclared naval war with France in 1794. Congress repealed the Stamp Act in 1802. That set a pattern for the next hundred years or so, in which estate taxes were used as a sporadic, and temporary, way to finance wars.
At Conry Financial Services Inc., we subscribe to the “team approach” in the Estate Planning process. It has been our experience that often times, when people come to our office; they are disenchanted with their current team of advisors. In response to the needs of our clients, over the years, we have established (when needed), a team of credentialed, experienced, professionals in the areas of law, accounting and investments. Working with such like-minded professional has proven to be an efficient, cost effective method to implement an effective estate plan that meets, or exceeds our client’s goals and expectations.
In addition our team of dedicated professionals, we are accustomed to working with your selection of advisors in the Estate Planning process;
- Wealth Preservation
- Wealth Creation
- Optimal Wealth Transfer to heirs
- Gifting strategies
- Life Settlements
- Trust review (referral)
- Legal document preparation (referral)
When insurance products serve to enhance our planning strategies, those typically used in the Estate Planning process often include, but are not limited to;
- Life Insurance
- Annuities
- Long Tem Care Insurance
- Life Settlements