{"id":399,"date":"2021-09-09T16:10:50","date_gmt":"2021-09-09T16:10:50","guid":{"rendered":"https:\/\/virginia-elderlaw.com\/?page_id=399"},"modified":"2021-10-28T17:50:47","modified_gmt":"2021-10-28T17:50:47","slug":"sophisticated-tax-estate-planning","status":"publish","type":"page","link":"https:\/\/virginia-elderlaw.com\/sophisticated-tax-estate-planning\/","title":{"rendered":"Sophisticated Tax &#038; Estate Planning"},"content":{"rendered":"<p>Imagine creating a plan that ensures that protects a family business, transfers a family farm, or provides for every one of your heirs in a tax efficient manner so that they will have the money to get a proper education, start a business, or pursue their dreams. That\u2019s the power of a sophisticated tax and estate planning.<\/p>\n<p>Here are the main characteristics of our planning process:<\/p>\n<ul>\n<li>We typically employ trusts that are irrevocable trusts in order to manage the estate assets effectively.<\/li>\n<li>Trusts are often funded with life insurance to leverage the federal estate and generation-skipping taxes. Other assets can be used as well.<\/li>\n<li>Trusts often pass assets from generation to generation without subjection to transfer taxes. Trust assets stay intact.<\/li>\n<li>Trust assets are protected from creditor seizure, so a beneficiary\u2019s divorce, bankruptcy, medical crisis, car accident, malpractice suit, business failure, or other liability will not diminish trust assets.<\/li>\n<li>Trusts can be customized with your instructions, so assets are used as you think best. In fact, you can protect assets from your beneficiary\u2019s spendthrift or addictive behaviors.<\/li>\n<\/ul>\n<p>If you have advanced estate planning needs that require sophisticated tax planning, the Law Offices of Ron Feinman can assist you to determine the next steps for\u00a0your estate plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imagine creating a plan that ensures that protects a family business, transfers a family farm, or provides for every one of your heirs in a tax efficient manner so that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"resourcespage.php","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/pages\/399"}],"collection":[{"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/comments?post=399"}],"version-history":[{"count":1,"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/pages\/399\/revisions"}],"predecessor-version":[{"id":586,"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/pages\/399\/revisions\/586"}],"wp:attachment":[{"href":"https:\/\/virginia-elderlaw.com\/wp-json\/wp\/v2\/media?parent=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}