INDIVIDUALS

Estate Planning

As we get older, assimilating change in our financial lives becomes more difficult. Each day, the world is becoming more complex and investment management products and decisions require more expertise. That is why many people turn to Tisch Investment Advisory Incorporated for advice, planning, and management.

Estate planning requires both financial and legal expertise. Your estate plan will be determined not only by your testamentary wishes, but also by creative financial arrangements that minimize tax, manage risk, produce desired levels of income, and transfer assets to future generations in the most economical and efficient manner. We can help you develop a prudent strategy for protecting your family and making every dollar count for as much as possible. We can also help you plan for the future, build your assets, and enjoy the lifestyle you've earned. We will provide referrals to attorneys who are expert in the field and help them draft the documentation necessary to carry out your wishes. We will also help you develop trust language to empower family members to either act as trustee or provide oversight of corporate organizations.

We consider the following issues when planning an estate:

Survivor income needs
Testamentary bequests
Protection of assets from tort liability
Durable general powers of attorney
Medical power of attorney
Bequest strategies
Trust ownership of property
Investment planning
Gifts
Grantor-retained interest trusts
Life insurance
Tax minimization
Family partnerships
Charitable trusts
Business planning
Retirement plan strategies
Generation skipping strategies

We invite you to talk with us about your estate planning needs. During your no fee initial consultation, we will create an outline of the steps necessary to implement an estate plan and provide you with an estimate of the cost of our services. Please call us at (734)994-1188 to arrange an appointment.