Trusts And Estate Planning

At Kane, Norby & Reddick, P.C., we build comprehensive estate plans that protect our clients' financial and health care interests, provide economic stability to families and pass assets to the next generation in the most tax-efficient manner possible.

Since 1993, our firm has helped generations of Dubuque families protect their legacies through estate planning.

Comprehensive Estate Planning Services

When drafting an estate plan, the individual goals of our clients, the types of assets involved, taxation and family dynamics must all be considered. At Kane, Norby & Reddick, P.C., our lawyers work closely with each clients to tailor estate plans that effect their wishes. Common estate planning vehicles include:

  • Wills give individuals the power to determine who will receive their assets after their death. Parents of minor children can also name guardians.
  • Trusts protect assets from depletion, reduce taxable estates and help ensure family members are cared for after you are gone.
  • Powers of attorney help ensure your financial affairs are managed in the event of your incapacitation.
  • Health care directives name agents to make health care decisions on your behalf in the event you are no longer able to do so.
  • Living trusts dictate how you would like to be treated at the end of your life.
  • Business succession plans help ensure the family-owned businesses survive changes in ownership and all children are treated fairly.
  • Charitable giving plans allow charitable-minded individuals to support causes that are important to them while obtaining tax benefits.

Tax Planning Advice

Individuals with family-owned businesses or large estates may require tax planning advice to protect their estates from unnecessary tax liability and ensure their assets are transferred in the most tax-efficient manner possible.

At Kane, Norby & Reddick, P.C., our lawyers use a variety of estate planning vehicles — such as private annuity trusts, family limited partnerships and grantor-retained annuity trusts — to move assets out of our clients' taxable estates and lower their overall tax liabilities. Charitable giving plans may also be used to obtain beneficial tax treatment.

Contact Kane, Norby & Reddick, P.C., at 866-493-0667.