Estate Planning Estate planning is not only about tax reduction, it also involves creating a plan to ensure that your assets will go where you want them to under the terms and conditions that you set. At NFN we will work with you to create a detailed inventory of all your assets and help clarify the ownership and beneficiaries. Your plan will be accessible on-line using our secure planning system.We will assist you in coordinating everything from the basic tools such as Wills, Health Care Proxies and Durable Powers of Attorney to more advanced tax reduction strategies using trusts, family limited partnerships, and gifting. Though we do not provide or charge for legal services, clients find our ability to outline the variety of strategies available to them in simple, easy to understand terms a productive first step before meeting with an attorney. Once our clients develop an understanding of the options they might consider, we refer them to an outside attorney or can work directly with their existing lawyer.Estate planning is often one of the most overlooked aspects of a financial plan perhaps due to its association with death. The absence of a proper plan can not only involve your beneficiaries having to pay taxes that could have otherwise been avoided, it can also result in your residence state deciding where your assets will go. Addressing these concerns today might not only help you reduce a tax burden, but also reduce the burden on your beneficiaries during a most difficult time.