jar of coins

Estate Planning

We will work closely with your estate planning attorney to create an effective estate plan for you and your family.

The essential estate planning documents are:
  • A Will
  • Power of Attorney
  • Health Care Proxy
  • Perhaps a Trust

Your will and trust agreement, if you have one, directs who gets your ‘stuff’ and when. The Power of Attorney will allow someone else to act on your behalf if you become incapacitated. The Health Care Proxy allows someone else to make end of life decisions on your behalf. These documents will need to be revisited periodically. Why? Well, everything changes. Marriage, having children and divorce affect many. Your estate planning documents need to reflect where you are at in your station in life.

Estate planning is for everyone, not the just the affluent. The federal estate tax exemption is $11.4 million per person in 2019. A married couple can use so-called portability and combine their exclusions and therefore exclude $22.8 million from federal estate tax. With the exclusion being so high, very few people will be subject to the federal estate tax.

Just because you likely won’t be subject to a federal estate tax, doesn’t mean you don’t need an estate plan. Everyone needs an estate plan. Regrettably, it is estimated that more than half of Americans don’t have a will.

One reason you need an estate plan is even though you may not be subject to the federal estate tax, you might be subject to state estate tax. For example, in Connecticut the estate tax exclusion in 2019 is only $3.6 million.

Contact us today at (860) 645-1515 to schedule an appointment to get started with your estate planning.

Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional.

Contact your financial services professional


    Check the background of this investment professional on FINRA's BrokerCheck

    Securities offered through Raymond James Financial Services, Inc., Member FINRA / SIPC
    Investment advisory services offered through Raymond James Financial Services Advisors, Inc.

    These services are not available in all states. We may only transact business in your state if first registered, excluded or exempted from state broker dealer, investment adviser, BD agent or IA rep registration requirements. Please contact us for approval in your state. No follow up or individualized responses will be made by the firm, or its representative, in the state unless all registration requirements have been complied with by the firm and its representatives. This site is published for residents of the United States only. Raymond James' Financial Advisors may only conduct business with residents of the states for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.

    Your privacy: Raymond James has policies that restrict access to nonpublic personal information about you to those employees, associates and others who have need for that information to help us run our business, manage your accounts, market or provide investment alternatives or services to you, or to employees, associates, and others who assist those who help us run our business, manage your accounts, or market or provide investment alternatives or services to you. Additionally, we maintain physical, electronic, contractual, and procedural safeguards to protect your nonpublic personal information. RJ Privacy Notice

    Links to other websites: Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.

    “Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.