Creating an optimal strategy for your estate is more than just managing estate taxes and bypassing Probate fees… it’s about organizing your assets so they pass to your family, church and/or charity in the manner you wish. It’s about maximizing how much you leave behind, while still ensuring that your financial needs are taken care of for the rest of your life.


Some people believe that living trusts and legacy planning are just for the wealthy, but this simply isn’t true. There are countless reasons why legacy planning is important, regardless of your net worth. Proper planning will outline who inherits your assets. If you are California homeowner, having only a will virtually guarantees thousands of dollars in fees and costs associated with Probate. The formula for computing Probate Fees is found in California Probate Code Section 10800-10805 and Section 10810-10814. The fees are calculated as a percentage of the Gross Estate (there is no deduction for mortgages, liens or other debts when determining the value of the estate). A California homeowner with just a Will and a Gross Estate value of $200,000 is charged $7,000 in Statutory Probate fees, while a Gross Estate value of $500,000 is charged $13,000. These fees can increase with an Executor and Probate Attorney. If you want to protect your family and beneficiaries from the fees and time involved in Probate, consider a Revocable Living Trust. Saving the Probate fees are just the beginning, a Revocable Living Trust can also save time, save money, keep everything private, avoid disputes, reduce taxes and give your family control over the process, not the courts.


Heritage Tax & Insurance Services, Inc. has a strategic alliance with an experienced estate planning attorney who can help you with preparing a Revocable Living Trust.


Heritage Tax & Insurance Services, Inc., Copley Financial Group, Inc. and Matthew Copley do not provide tax and/or legal advice, but will work with your attorney or independent tax or legal advisor. In the event that you do not have your own attorney or tax professional we will partner with local CPA firms to provide tax services.

*Annuities are designed to be long-term investments. Early withdrawals may impact annuity cash values and death benefits. Taxes are payable upon withdrawal of funds. An additional 10% IRS penalty may apply to withdrawals prior to age 59 ½. Annuities are not guaranteed by FDIC or any other governmental agency. Guarantees are based on the claims paying ability of the issuing insurance company. Fixed Indexed Annuities are insurance products and not considered a security or investment. Some restrictions may apply. Call for specific details and availability