For 2019, the IRS estate and gift tax exemption is raised to $11.4 million per individual ($22.8 million for a married couple)

Things to consider

If you start estate planning early and make adjustments as new life events happen (births, deaths, divorces, or inheritances), it can be far less stressful and costly than having to scramble to create a plan later in life.

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Protect yourself

It’s never too early to create a will, but at minimum you should name a trusted contact, durable power of attorney, and a healthcare proxy.

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Shield pre-marital assets

Establishing an asset protection trust before getting married could help you avoid the discomfort of a prenup.

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Care for special needs

If you have a loved one with a disability, make sure you’re planning for their continued care with a Special Needs Trust.

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Ensure estate liquidity

Life insurance death benefits can offer a tax-efficient way to transfer wealth and provide needed liquidity to your estate.

What to ask your Janney Financial Advisor

  • Do I really need a will at my age? How do I get started setting one up?
  • Could a trust make transferring my wealth easier? What’s the right type for my needs?
  • How do I put money away for the care of a special needs loved one without impacting their eligibility for benefits?
  • How can I leave my wealth to my children from a previous marriage but still make sure my current spouse is cared for?

Talk with a Janney Financial Advisor

You don’t need to go it alone. We can help you navigate financial questions and give you greater confidence about the future.

Find a Financial Advisor 

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