Estate planning ensures that you stay in control of your assets, even after you’re gone, and the expert advisors at Goldstone Financial Group are specialists in the field. While you might think that a will does the same job, estate planning goes several steps further, helping to minimize tax exposure so your loved ones receive as much as possible. This leading local firm develops tailor-made legacy plans to protect your assets and distribute them exactly how you want. Go to https://goldstonefinancialgroup.com/ for more information. Federal estate taxes were updated at the beginning of 2023, and Goldstone’s services are designed to help you take advantage of historically high exemptions. The team can also create one or more financial vehicles to protect your assets, such as limited liability companies, family limited partnerships, IRAs, and trusts. Owing to inflationary pressures, the federal gift and tax exemption was raised to $12.92 million for individuals and $25.84 million for married couples as of January 1, 2023. The current provisions fall under legislation enacted by the Trump administration, which is due to sunset at the end of 2025, after which exemptions may be reduced by approximately 50%. Goldstone Financial Group explains that, while you can definitely take advantage of current laws if you’re wealthy, they offer tax minimization strategies for clients with any financial background. The firm’s senior advisors have significant experience with IRAs, which the company points out is one vehicle that can help you reduce inheritance tax. “Estate planning enables you to protect your loved ones after you pass away,” a company representative explained. “With proper estate planning and a solid estate planning professional from Goldstone Financial, you can minimize estate taxes, leaving more assets and fewer hassles for your loved ones.” About Goldstone Financial Group In addition to estate planning, Goldstone’s services extend to retirement planning, wealth management, asset protection, and healthcare planning. The firm operates across seven offices in the wider Chicagoland region, along with three recently opened Tennessee outlets located in Nashville, Brentwood, and Franklin. “My wife I have been with Goldstone for almost 10 years and I can honestly say it was one of the smartest decisions we’ve made,” one client recently stated. “We have been very happy with how Goldstone has managed all our investments and helped us plan for retirement.” Protect your financial legacy with expert estate planning from Goldstone Financial Group. Speak to a senior advisor today. Check out https://goldstonefinancialgroup.com/contact-us/ so you can learn more.