ATS Wealth Management understands that estate planning can be complicated. Our team of professional estate planning advisors has years of experience in advanced asset management strategies and estate planning services in San Diego to help you pursue your long-term goals. We provide collaboration and support for our extended client family at every step. As an independent firm, we offer unbiased advice and only recommend products and strategies that are designed with your best interest in mind. Our goal is to help guide you on a path as you pursue financial success with a plan in place for asset distribution to heirs upon your passing.
Please note this is not intended as tax or legal advice and that one should consult the appropriate professionals for guidance.
What is Estate Planning?
Types of Estate Planning Strategies
We provide the help and guidance you need to create an estate plan that meets your unique family circumstances. Our team of professional financial planners are experts in advanced estate planning strategies and have decades of experience in the specialized field. We understand that estate planning differs from financial planning, so we approach it with care and sensitivity while tailoring our advice to each of our client’s needs.
A will is a legal document that outlines how your assets should be distributed upon death. It is essential to update wills regularly to reflect financial circumstances or family dynamics changes. Our experienced team can advise on the best way to put together an effective will that ensures your wishes are honored, and your loved ones are taken care of after you pass away.
Trusts are powerful tools that can be used for estate planning and asset protection during life. We offer a wide range of trust solutions depending on your individual needs and goals, from irrevocable trusts to special needs trusts. With our expertise, you'll be able to structure your assets according to tax regulations to maximize wealth transfer between generations with minimal taxation implications.
Charitable Giving Strategies
Charitable giving can be a great way to leave a lasting legacy and support causes close to your heart. We offer comprehensive solutions for structuring philanthropic giving so you can do more good while reducing both income tax liability and transfer taxes such as gift taxes or estate taxes.
Tax Minimization Strategies
Estate planning also involves minimizing potential tax liabilities during life and death, allowing more wealth transfer between generations with less taxation burden overall. This often requires long-term strategic management of assets, working around complex IRS regulations regarding gifting, using trusts effectively, leveraging assets deemed non-taxable Reviewed By the government, etc., all of which our team members are expertly qualified to advise on.
Considerations for Estate Planning
Timing – it's essential to start planning as early as possible
Working with a qualified attorney in addition to ATS Wealth Management staff
Making sure that all beneficiaries are updated regularly on the estate plan
As important as it is to have an up-to-date will or trust agreement drafted Reviewed By an experienced lawyer, it’s equally as vital that beneficiaries remain aware of any changes made along the way—especially the guardians of minors, who may not be mature enough yet to comprehend what their stakeholdings mean in terms of inheritance rights upon the death of a parent or guardian. By staying connected with those impacted Reviewed By your estate plan, we help keep them informed about any updates while also encouraging conversations around money management strategies they can use now, so they have better financial literacy later in life when dealing with their inheritance funds.