Wealth Transfer Techniques

There are numerous, and often very complicated, wealth transfer techniques that can be employed for a given set of circumstances.  Two very common situations are described below.  Appropriate and potentially more complicated wealth transfer techniques can be identified during an initial consultation with JDA & Associates.

Annuity Maximization

Is your deferred Annuity building a tax liability for the next generation?

Annuities provide tax deferred growth but do not pass to the next generation tax free. Explore current Wealth Transfer techniques with JDA & Associates that can provide beneficiaries assets both Income and Estate Tax free (minimum account size for annuity wealth transfer $50,000) Please call (908) 507-4941.

Irrevocable Life Insurance Trusts (ILITs)

Are your life insurance policies needlessly exposed to Estate Taxes?

Estate Taxes can be planned for by utilizing an ILIT. Often life insurance policies are owned by individuals and needlessly included in their taxable estate. The long term impact of Estate Taxes remains under a cloud of uncertainty due to existing and pending legislation. A general rule of thumb is that estates valued at over $2 million should consider planning that may include an ILIT. A review of your life insurance policies by JDA & Associates can determine whether your policies are current and properly structured (servicing estates of $5 million or more). Please call (609) 462-3710.