Estate Planning

Estate planning is the process of arranging assets in a manner that helps to meet lifetime financial objectives, and simultaneously helps provide for survivors' needs and the disposition of property at death.

Estate Planning is a very broad term. Although it is often thought of as planning for one's death, with the right team of professionals, proper estate planning can provide just as many or even more benefits to an individual while living as it does to efficiently transfer wealth at death. Estate planning can overlap any number of other planning strategies as well.

Often married couples tell us that they have their estate planning complete. When asked what they have done, we are told they have a will, two trusts depending on their state of residency, powers of attorney and medical directives. They further tell us that their documents take into account estate tax planning up to the unified credit and that they are all set. More times than not, they have good documents that take care of several specific issues, but they have hardly maximized the potential that an integrated and coordinated estate plan offers. This includes, but is not limited to multi-generational creditor protection of all assets, spousal protection and estate tax elimination in perpetuity.

People often say that they would do further planning, but fear that it will be at the expense of their own lives and standard of living. With proper planning this should never be the case. Our clients will be able to maintain and in many cases improve their lifestyles as part of the benefits of their estate plan, all the while enhancing and protecting their legacy.

Regarding estate taxes, people say that they are waiting to see what the government does with the tax law before they decide what they are going to do. Estate taxes are voluntary. The reason people pay estate taxes is due to lack of planning. If proactive, you can create your own estate tax repeal with integrated and coordinated planning and control your own future as opposed to reacting to the government, over which you have no control.

Some people say that they have done as much estate planning as they are going to do, and that their children will get plenty of money as it is. If that is the case, why not leave the IRS's portion to a charity of your choice instead? For more on this see our charitable planning link.

Our Firm and Philosophy

The Benjamin Financial Group, Inc. is a wealth management and estate planning firm. Most advisors call themselves "wealth managers,"


The Benjamin Financial Group, Inc. is a Registered Investment Advisory firm in Virginia. The Benjamin Financial Group, Inc., works with clients in Virginia and in other states under a de minimus exemption, if applicable. The Benjamin Financial Group, Inc. and Benjamin A. Geber, CFP® are not affiliated with a broker-dealer or insurance company. The information that is provided in the web site has been compiled to the best of our ability. However, The Benjamin Financial Group, Inc. does not make any warranties of any kind, expressed or implied, and will not be held responsible, or liable for errors or omissions resulting in any loss or damage caused or alleged to be caused directly or indirectly, by information contained in this web site. We would emphasize the importance of having other advisors. We are not practicing accountants or attorneys. Independent tax and legal counsel are suggested.