Estate Tax Planning

Estate Planning

Estate planning is all about ensuring that your wishes are carried out when you’re no longer able to make decisions. It involves using various tools and strategies to create a plan that protects your assets and ensures they go to the right people. For business owners with significant estates, it’s especially important to have enough liquidity to cover estate taxes. Without proper planning, the death of a business owner could lead to a large tax bill that might harm the business.

InGame Enterprise professionals help clients create comprehensive estate plans by considering factors like the size of the estate, beneficiaries, and tax implications. Our goal is to ensure that assets transfer smoothly to your heirs in the most efficient way possible.

We work closely with you and your family to understand your goals and create scenarios that meet your objectives. We provide these plans at no cost, and you can choose to implement them with your own attorney or with an InGame Enterprise attorney.

Key considerations in our estate planning process include:

• Minimizing or eliminating estate and gift taxes
• Reducing the taxable portion of the estate by considering alternative planning strategies
• Understanding all assets, liabilities, and potential risks that could impact your estate
• Utilizing the date-of-death step-up in basis for assets that may not be kept by heirs
• Periodically reviewing and updating your estate and succession plans
• Ensuring beneficiary designations align with your wishes, especially if you own a business

Our goal is to protect your legacy and ensure your intentions are honored.