Tool Box Main Page

The tools of our trade are varied and complex. Wills, trusts and transfer goals are often layered with complex tools primarily designed to save income or estate taxes. IRA planning must weave beneficiary designations into the entire estate plan. The following pages describe some of the more sophisticated tools at the planner's disposal.
Just as in the tools pictured above, the job is not quite right if we use the wrong tool or try to force a tool to work in a situation not really designed for the tool. The rush to sell, often has commissioned based planners using every tool for every job. I have seen hundreds of situations that a strategy seemed good at the time only to lose considerable appeal as time passes and costs continue to rise.
Using the right tool can save thousands if not hundred's of thousands of dollars. Using the wrong tools, at times, will not only cost more to build the plan, but more often end up costing substantially more during the life of the strategy.