Services In
Estate Planning & Probate
The use of trusts in estate and business planning has become increasingly popular. While not for every individual, revocable trusts (also known as living trusts) can play an important role in estate, business, and tax planning. A revocable trust can assist in maintaining a closely-held business within a family without the publicity of probate, and be a vehicle for implementing various estate, gift and generation-skipping transfer tax strategies.
Dove & Dove can prepare you an estate planning strategy to reach your individual goals.
Irrevocable trusts are an effective estate planning tool, especially in life insurance planning, educational planning, and charitable gifting.
Whether a client desires to make educational gifts or charitable gifts in the most tax-effective manner, seek a vehicle to own life insurance to fund a buy-sell arrangement, provide liquidity to pay estate taxes upon death, or reduce the gross value of an estate for estate tax purpose.
Using this, and other estate planning tools like Wills, Powers of Attorneys, land trusts, and other estate planning vehicles, Dove & Dove can prepare you an estate planning strategy to reach your individual goals.