Financial & Estate Planning
At Mercurio and Bridgford we believe planning is essential to
successfully achieve growth of your assets and minimize your tax liabilities.
A plan need to be properly designed and periodically revised.
We will help individuals develop a Financial plan including
budgets and projections. We will determine if your assets are properly
valued and safeguarded and are appropriated diverse funds resulting in the
desired return on investments. We will work with brokers and bankers to
evaluation on a regular basis, the efficiency of your financial portfolio. We
will help develop and monitor your estate plan to verify all estate tax
provisions have been considered and that changes are made as necessary. We
will assist you in charitable giving including annuities.
We will provide our business clients with Financial Planning in
the following areas:
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Planning business acquisitions
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Planning asset acquisitions
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Planning compensation
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Retirement and fringe benefits
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Reviewing life insurance program
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Analyzing real estate Investments
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Valuing closely held corporations
If you need assistance with your estate planning, we would be
glad to assist.
Estate Facts
The 2001 Tax Act law does not completely eliminate the
estate tax until 2010. Until then the exclusion amount and the top
estate tax rate change almost every year. After 2010, the estate tax
is scheduled to return unless Congress changes the law.
It is estimated
that seven out of ten Americans do not have a will, the basic component of
an estate plan.
Only the assets in your probate estate will be controlled by your will.
Some assets typically pass to heirs outside a will, such as assets in
retirement accounts, life insurance proceeds, and assets held in trust or
in joint tenancy with right of survivorship.
Retirement accounts are subject to estate tax, and distributions from
them can be subject to income tax.
For the years 2002 and 2003 estates
having assets less than $1,000,000 are not subject to estate tax.
Consult your accountant or attorney to obtain instructions on handling
an estate regardless of the size.
Safe deposit boxes are often sealed at the owner's death. Your
original will should be held for safekeeping by a responsible individual.
The 2001 Tax Act law does not completely eliminate the
estate tax until 2010. Until then the exclusion amount and the top
estate tax rate change almost every year. After 2010, the estate tax
is scheduled to return unless Congress changes the law.
It is estimated
that seven out of ten Americans do not have a will, the basic component of
an estate plan.
Only the assets in your probate estate will be controlled by your will.
Some assets typically pass to heirs outside a will, such as assets in
retirement accounts, life insurance proceeds, and assets held in trust or
in joint tenancy with right of survivorship.
Retirement accounts are subject to estate tax, and distributions from
them can be subject to income tax.
For the years 2002 and 2003 estates
having assets less than $1,000,000 are not subject to estate tax.
Consult your accountant or attorney to obtain instructions on handling
an estate regardless of the size.
Safe deposit boxes are often sealed at the owner's death. Your
original will should be held for safekeeping by a responsible individual.
Peer Review
Services
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