Estate planning is about more than just distributing assets—it's about ensuring your wishes are honored, minimizing taxes, protecting your loved ones, and creating a lasting legacy. At BlueRock Asset Management, our estate planning experts work with you to develop a comprehensive strategy tailored to your unique circumstances and goals.
Safeguard your assets from creditors, lawsuits, and excessive taxation through strategic legal structures and planning techniques.
Ensure your loved ones are provided for according to your wishes, with provisions for minors, dependents with special needs, and future generations.
Create a meaningful legacy through charitable giving strategies, family foundations, and values-based wealth transfer plans.
Minimize estate, gift, and income taxes through strategic planning, ensuring more of your wealth passes to your beneficiaries.
We work with experienced estate attorneys to develop comprehensive wills and trusts tailored to your specific needs, ensuring your assets are distributed according to your wishes while minimizing probate and maximizing privacy.
Our estate planning services include the creation of essential documents such as powers of attorney, healthcare directives, and living wills to ensure your wishes are honored if you become incapacitated.
We implement sophisticated strategies to minimize estate and gift taxes, including annual gifting programs, irrevocable life insurance trusts (ILITs), grantor retained annuity trusts (GRATs), and other tax-efficient wealth transfer techniques.
For business owners, we develop comprehensive succession plans that ensure a smooth transition of ownership and management, preserve business value, and provide liquidity for estate taxes and other expenses.
We help you create a meaningful philanthropic legacy through donor-advised funds, charitable remainder trusts, private foundations, and other charitable giving strategies that align with your values while providing tax benefits.
Our modern estate planning approach includes provisions for digital assets, including cryptocurrencies, online accounts, intellectual property, and digital content, ensuring these valuable assets are properly managed and transferred.
We begin with a comprehensive assessment of your assets, family dynamics, goals, and concerns to understand your unique estate planning needs.
Our estate planning experts collaborate with tax and legal professionals to create a customized estate plan that addresses your specific objectives.
We coordinate with your legal team to draft and execute all necessary documents, establish trusts, and properly title assets to align with your estate plan.
We help facilitate family discussions about your estate plan, ensuring key stakeholders understand their roles and your intentions.
We conduct periodic reviews of your estate plan to ensure it remains aligned with your goals and adapts to changes in your life, family, assets, and tax laws.
Your estate plan should be reviewed and potentially updated when:
A comprehensive estate plan typically includes:
Yes, estate planning is important regardless of your wealth level. Even with modest assets, an estate plan ensures your wishes are honored, provides for your loved ones, designates guardians for minor children, and specifies healthcare preferences if you become incapacitated. Without proper planning, state laws will determine how your assets are distributed, which may not align with your wishes.
A will is a legal document that specifies how you want your assets distributed after death and names guardians for minor children. It becomes effective only after death and must go through probate, which is a public court process.
A trust is a legal arrangement where a trustee holds and manages assets for beneficiaries. A revocable living trust becomes effective immediately, can manage assets during incapacity, avoids probate, and provides privacy. Trusts can also include more complex provisions for asset protection and tax planning.
Digital asset planning involves several key steps:
Our estate planning team specializes in digital asset protection and can help ensure these valuable assets are properly included in your estate plan.
Several strategies can help minimize estate taxes:
The optimal strategy depends on your specific situation, goals, and the current tax laws. Our estate planning team works closely with tax professionals to develop tax-efficient strategies tailored to your needs.
Cryptocurrency presents unique estate planning challenges due to its digital nature, security requirements, and evolving regulatory landscape. To properly include cryptocurrency in your estate plan:
BlueRock Asset Management has specialized expertise in cryptocurrency estate planning and can help ensure your digital assets are properly protected and transferred according to your wishes.