We hope you all are having wonderful summers, while soaking up the sun we want to provide some insights on estate planning, estate taxes, and how our team is equipped to help.
You may have heard of some significant tax cuts that are set to sunset at the end of 2025. This sunset will have a significant impact on Estate and Gift taxes. Closing the window for one of the most significant wealth transfer planning opportunities in recent history. To illustrate the opportunity, Tim Steffen, our Director of Advanced Planning, breaks down the background of these changes, who is most likely to be impacted, and how to prepare. Click Here to watch a brief 7-minute video on the potential impact.
Everyone, regardless of age or wealth, should have an estate plan. Estate planning can provide families with the peace of mind that your wishes will be executed after you pass. Your estate plan can include any or all the following legal documents; Last Will & Testament, Financial Power of Attorneys, Healthcare Power of Attorneys, a Trust, plus many others depending on complexities. Click Here to learn more about some basic estate planning documents.
With the help and resources of Baird our team is uniquely equipped and qualified to help make sure your plan is in place and meets your expectations. While we at Baird do not draft legal estate planning documents, we can guide you on how to build a thoughtful plan or offer an unbiased and thorough review of your existing plan. Our team can engage our estate planning experts to review your existing legal documents and conduct and analysis on how they align with your goals. For those who are facing potential estate taxes our team can also help calculate those potential costs and work with your attorney on solutions to lowering your taxable estate.
Most importantly, this review process will provide you with a complete understanding of your estate plan, what options are available to you, and incurs no additional cost to you.
Team Updates:
As some of you may know, The Kendzicky Group will be expanding to the Indianapolis Market as part of our long-term growth initiatives. Michael and his family will be moving to the Northern Indianapolis Suburbs, where he will be splitting time between the Indianapolis Downtown Office and Mishawaka. After a busy 2 years, Michael’s wife Brooke has completed her Executive MBA through the University of Notre Dame, via sponsorship of her employer Eli Lilly. Eli Lilly has made a considerable investment into Brooke’s career and would like her back at the Indianapolis Headquarters as she continues to advance. Michael and his family are excited and grateful for the opportunity. Michaels contact information remains the same and is listed below along with our Indianapolis office address.
Michael R Kendzicky
574-247-6832
Baird Downton Indianapolis
10 W. Market St Suite 2450
Indianapolis IN 46204
Strategas 2024 Mid-Year Market Outlook:
The first half of 2024 was good for the markets but wasn’t without its uncertainties. Nicholas Bohnsack weighs in on key economic questions and give an outlook for the rest of the year. Click Here to view his insights.