Estate Planning can sound fancy, and complicated, and perhaps only for the rich. But really, it can be as simple as planning for your “stuff” — who gets your “stuff” when you don’t need it anymore. Your stuff may include your home, your bank accounts and your personal mementos. Or your stuff may include a business, a much-loved pet, large retirement plans, a vacation home and diverse brokerage accounts, all of which can require a little more planning. Just as the “who” you want to receive your “stuff” could include your spouse, your angelic children, your adorable nieces and nephews, or perhaps it’s your alma mater, your crazy Aunt Alma, your domestic partner, your long-term partner, your third spouse, your kids from your second and fourth marriages, or some combination of the above. And we’re just guessing here, but it’s likely the IRS is not on your list of people who should receive your stuff. The point is, whatever stuff you have and whoever your desired recipients are, you need an estate plan.
And that’s where The Teresa Rhyne Law Group can help. We are focused on giving you a client-centered, customized estate plan based on the unique needs of each individual client, because every family is unique, every business is unique, and each person’s legacy should be unique as well.
Whether you need a will and a trust, multi-generational planning, business succession planning, wealth protection planning or all of the above, The Teresa Rhyne Law Group can work collaboratively with you and your advisors utilizing a comprehensive set of strategies to design and implement a plan that reduces taxation, secures asset protection and provides for you and your loved ones.