A will is a good start. But if you want to give your heirs clarity—not just assets—you’ll need to think beyond it. At WR Company, we’ve spent decades helping clients navigate what comes next. For business owners, estate planning isn’t just about wealth transfer. It’s about protecting the people and businesses you care about, and… Continue reading Beyond the Will: Why Trust & Estate Tax Planning is Crucial for Your Heirs
Category: Estate Planning
Beneficiary Designations Mistakes To Avoid
One of the most basic functions of estate planning is naming beneficiaries. Surprisingly, this can be more complex and require more ongoing maintenance/review than you might think. There are common beneficiary designation mistakes you will want to avoid. So, while it is easy to initially tell your advisor who you want the estate to pass… Continue reading Beneficiary Designations Mistakes To Avoid
Preparing For The Great Wealth Transfer
Over the next decade or so, Baby Boomers will be passing on an estimated $30 trillion to $68 trillion in wealth to their Millennial adult children. This will be the most significant transfer of wealth in American history, and some believe it will create an Alpha class of big spenders. It is anticipated that the… Continue reading Preparing For The Great Wealth Transfer
Estate Planning: The Legacy Trust
Generally after tax season, there comes a time when you realize that a lifetime of hard work, saving, and cautious investment has resulted in your accumulating wealth. You may think it is too early to worry about what happens to it after you are gone, but it is never too early to consider estate planning.… Continue reading Estate Planning: The Legacy Trust