Estate Planning

Making sure your retirement income isn’t consumed by taxes is something that should be considered when developing your financial strategy.
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Estate Planning

Establishing a Trust

One tool at your disposal during estate planning is the trust. By establishing a trust, you can ensure that there is money allocated to supporting young children before they are old enough to handle it themselves. A trust is also a key instrument in helping you minimize estate taxes. If you anticipate having assets of at least $100,000, you can use the trust to shield income from these assets from estate taxes. As you can tell, it could be worth a lot to you and your heirs to do a little planning ahead.

Keep Good Records

Another key facet of estate planning is keeping good records, not just of your assets, but also documents that describe your wishes. As an example, your will should outline who you want to inherit your assets after you die, as well as who you’d like to manage your finances or make medical decisions for you in the event that you are incapacitated. These documents are also helpful because they reduce the time and expense of estate settlement, which makes it easier on your heirs.

If you have worked with someone in the past, and you think your estate is properly structured, it may not be. There have been substantial changes in estates laws and taxes in the last couple of years and your plans may no longer accomplish what you think.  Also, it’s like that your situation has changed dramatically since you last examined this part of your financial picture.

Creative Planning



By contacting us, you may be offered information regarding the purchase of investment and insurance products.

Your investment advisor is not permitted to offer, and no statement contained herein shall constitute tax or legal advice. You should consult a legal or tax professional on any such matters.

Strategies for Financial Independence

To schedule a time to discuss your financial future and the possible role of insurance or investments in your financial strategy, contact us at or call us at 760-707-5555 today!

We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.

Have Questions for us?

It can be difficult to make financial decisions without access to information. If you have questions or concerns about your current retirement strategy, feel free to contact us using the form below.

At Labrum Wealth Management, we offer you the following services:

(Click the images below to learn more about each service)


Wealth Accumulation

Asset Protection

Life Insurance

Retirement Income Strategies

Tax & Estate Planning

Long-Term Care

IRA & 401(k) Rollovers

IRA Legacy Planning

Investment Management

Financial Planning

401(k) & Business Retirement Plans

We can also refer you to professionals who provide the following services:

» Trusts » Probate » Charitable Giving » Estate Planning » Tax Planning

Get access to our helpful retirement kit, which includes three guides that address topics you should consider when planning your retirement.