We hope so! For our estate planning purposes you are “high net worth” when you equal or exceed a net worth of $5,000,000 for an individual or $10,000,000 for a couple.
High net worth individuals are exposed to more taxes, whether they are labeled estate taxes, death taxes, income taxes, capital gain taxes or other taxes. With each tax, or combination of taxes, there may be a way to reduce taxes and expand wealth.
Also, the wealthier you become, the more of a target you become, whether it is from “predators” or through unfortunate situations, such as personal injury lawsuits. As noted in our website’s more comprehensive section on “asset protection,” the concept of maneuvering your estate to keep your assets secure is a financial priority.
We listen to your needs. We gather information from you regarding not only your wealth, but also your values. Then, with our skilled expertise, we can fashion alternative proposals to address the issues you bring to us. We can access a large array of legal alternatives, some simple, some very sophisticated, which we can propose and explain to you. When you find a compatible legal fit for your estate planning needs, we work with you to implement the additions to your estate plan. We recognize that your financial prowess may expand, therefore, in your best interest; we work to create living, breathing documents that will “preserve your legacy.”
If you need legal assistance with estate planning for significant net worth, call the Law Offices of J.R. Hastings today at 415-459-6635 or contact us online at www.jrhastingslaw.com or firstname.lastname@example.org to schedule a free initial consultation Our office is located in San Rafael, California, and we represent individuals and families throughout Marin, Sonoma, Contra Costa, San Francisco and adjacent Bay Area counties.