Estate Planning
Quick Links
- Wills
Dugan & Lopatka does not provide legal services, but can help you understand how wills work within your larger estate planning process. Specifically, we can discuss your investment assets and how you wish to dispose of them or use them to pay for burial and other costs associated with your passing. - Trusts
Common usages of trusts include:
• Privacy
• Spendthrift Protection
• Children
• Remuneration Trusts
• Asset Protection
• Tax Planning
• Co-ownership - Wealth Management
Your Dugan & Lopatka advisor can help you define your long-term investment objectives and build a personalized investment portfolio designed to achieve your goals while balancing your risk tolerance. - Charitable Giving
If you would like to pass on some of your wealth to one or more charities, there are a number of options available to you. Charitable trusts may be set up during a donor's life, or as a part of a trust or will at death, as testamentary. - Family Limited Partnership
The objective of a family limited partnership is to protect assets and control wealth which will be transferred to the younger generations in a tax efficient manner. - Annuity Arbitrage
Do you have underperforming assets in your portfolio or assets that are not generating enough income to meet your retirement income needs? There is a way to reposition underperforming assets to increase current income and create a larger financial legacy for your family.
Financial Services Estate Planning
Estate Planning
Are you ready to give the government nearly half of everything you own? With estate tax rates currently running as high as 45 percent, you could lose half of what you've spent a lifetime building.
At Dugan & Lopatka, we understand the challenges you face every day to remain successful. Fortunately, you have done well. You have invested money wisely and have created a substantial net worth. It would be a shame to throw most of it away due to inadequate estate planning.
Estate planning is simply the planning process to ensure that the rewards of your years of hard work and saving are passed on to those beneficiaries you care about -— be it your spouse, children, business partner, or charitable organizations.
Taxes are only part of the estate planning picture. Estate planning can be important from a business and/or family perspective, as well. How will your business be valued? How will you be succeeded or how will the business be disposed of? How will your spouse meet future financial needs? How do you provide for a financially spend-thrift child? Will your assets be used to meet your goals or will they be controlled by someone you don't know?
Proper estate planning can provide solutions to anticipated problems and let you control the rewards of your hard work after your departure. Working with your attorney, and other professional advisors, We act as the point person to ensure the maximum benefits of estate planning at the lowest overall cost.
As your advisor and friend, we can protect your best interests. This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.
Dugan & Lopatka Financial Services, LLC104 E. Roosevelt Rd., Wheaton, Illinois 60187Phone: (630) 665-0914Fax: (630) 665-5030
DUGAN & LOPATKA FINANCIAL SERVICES IS NOT AN AFFILIATE COMPANY OF LPL FINANCIAL. SECURITIES AND ADVISORY SERVICES OFFERED THROUGH LPL FINANCIAL, A REGISTERED INVESTMENT ADVISOR, MEMBER FINRA/SIPC.
