WORD & WORD PLC
Estate Planning and Fiduciary Legal Services
Richmond, Virginia 23226 Phone: (804) 282-5124
Fax (804) 673-1790
Thomas Word, Jr.
Direct: (804) 282-5127
T. Scott Word, III
Direct: (804) 282-5128
What the Fiscal
Cliff Means For You and Your Family
Client Letter (January 15, 2013)
Estate planning encompasses designing and producing documents to
carry out your wishes for:
managing your assets, particularly in the event of your
incapacity or death.
assets on death to family members (and/or charity)
efficiently, sometimes with features for management (trusts)
and for protecting beneficiaries against unnecessary taxes,
imprudent spending or investments, marital problems, and
assets to family members during lifetime by gifts, sometimes
of premature death through life insurance, with particular
attention to policy ownership vehicles that minimize taxes
and provide efficient management of proceeds.