financial planning and investment management

An Inheritance that was Too Much of a Good Thing
When our client inherited a substantial sum from her mother, she was worried that her own estate had become so large that it would cause a large estate tax upon her death, decreasing her own children’s potential inheritances. She considered making immediate gifts to her children to reduce the size of her estate. However, we were concerned about her own financial independence that had been questionable but was now assured with the inheritance from her mother. We recommended against making immediate substantial gifts.

Over the following few years, we saw long-anticipated changes in the estate tax laws that provided relief to many who had previously faced a potential estate tax. Our client’s estate tax fears have been allayed. Now, she enjoys using some of her inherited money to take her large family on vacation about every other year.


Understanding, knowledgeable, experienced and qualified