Estate planning is the process of arranging for the management and distribution of an individual’s assets after death or in the event of incapacitation. While it can feel overwhelming, establishing a well-informed estate plan can provide peace of mind by ensuring that your assets will be distributed according to your wishes. Proper planning can minimize gift, estate and generation skipping transfer taxes to ensure your heirs will get as much of your estate as possible. Every individual’s estate plan is different depending on that person’s specific wishes and goals. Having the right team of professionals to guide you through the estate planning process is imperative to helping you implement your plan. Your plan should be updated as your personal situation changes. With all of the recent legislation and tax law changes in this area, it is more important than ever to review your existing plan to make sure it is still accomplishing your goals.
On behalf of the Palm Beach County Estate Planning Council and its members, thank you for taking the time to read the articles in this 22nd annual edition of the Estate Planning Supplement written by our members. The Palm Beach County Estate Planning Council is a multi-disciplined organization made up of over 200 professionals knowledgeable in the estate planning area. Our members can give you the advice and guidance you need to help implement your estate plan. Please feel free to contact the authors if you have any questions regarding the information provided.
Contact information for our members can be found in the membership directory at the end of the Supplement. We also encourage you to visit our website at www.pbcepc.org.
Stephanie Murray, President
