Legacies, Wealth Transfers, and Tax Planning

It’s never easy making arrangements for after you’re gone, especially when it comes to your financial assets. When you move on, your financials do not, and neither do your possessions. That’s why having a good plan in place is essential, with well-thought-out advice on the best way for you to handle what happens to your estate.

With JM Patton Associates, our goal is to have a personalized plan mapped out for your finances and possessions and how they are handled when you no longer can. We offer a variety of legacy, wealth transferral, and tax planning services, all individually tailored to suit your needs.

Legacy Planning Strategies

When you die, you will want your assets and belongings to be passed on to your loved ones, and JMP can help prepare for when this day comes. If you have any specific needs when transferring your wealth, let us execute your will. We can assure you that your family will be prepared for success when you’re no longer there to help.

Charitable Planning

If you choose to regularly donate to charity, we can set up a plan to ensure that the organizations of your choice are being supported even after you pass. We can set up a schedule so that you can continue to make periodic donations even when you are unable to do so. At JMP, we believe in giving back and leaving a positive mark on society in any way possible.

Testimonials

Thank you, Anthony. It was our pleasure to work with you on this account. While we didn’t win this one, we are very happy to hear that you did - and it comes as no surprise, as it is evident that you take great care in providing your clients with the best possible options, consultation and education. As I’m sure you already know, this goes a long way and will continue to be the secret to your success. Thank you again for your thoughtful note and looking forward to working with you and your team on future submissions. - Teresa D., Insurance Wholesaler for JM Patton Associates

Our organization has been with J. M. Associates for over 20 years. Our agent, Marty Wilson, provides first class customer service, understands the needs of our business and gives sound advice in helping us with our insurance decisions. When you’re consistently treated as though you are THE most important client, why go anywhere else? - Karen, HR Director

Anthony Mirarchi and JM Patton assisted us in securing malpractice insurance this year. The degree of responsiveness and attention to detail was beyond comparison. They continually exceeded our expectations and delivered a policy that was perfect for our needs. They are the ultimate professionals when it comes to the insurance business. - Dr. S., Vascular Surgeon

Keith has handled our insurance needs for over 30 years…that point alone speaks for itself. Keith always makes himself available to resolve any problems large or small. He has proven time and again that a great/knowledgeable agent can make a huge difference when a claim is issued. Marty at JMPatton is always prompt and helpful. She is a pleasure to work with. Keith reviews all available coverage options yearly, to ensure our pricing is the best available…working only with AAA rated insurance companies. Both Keith and Marty at JMPatton make dealing with anything insurance related so much easier. - Nancy D., Controller Hays Sheet Metal

I have been working with J. M. Patton for many years and they are always very responsive to our needs. Our agent, Marty Wilson, is always available to answer questions or address any issues that come up. Marty also reviews our insurance annually for both coverage and premium, ensuring we have the best coverage and pricing available. - Stephanie M., Director of Finance; Medical Device Developer/Manufacturer

Keith has been my insurance man for many years would not even consider getting another. He always looked out for my business, always getting me the best prices and sending me personal reminders. It has been a pleasure working with him and JM Patton. Look forward to many more years of doing business with him. - Jack M, Owner Linart Construction

We began our relationship with JM Patton about 6 years ago. The professionalism, courtesy and knowledge of the staff has been extraordinarily helpful in navigating the requirements of government contracts, funders, and employment regulations, keeping us in compliance with regulations and staying ahead of potential pitfalls. We especially appreciate the quick response time when we need a change in coverage or a COI for a special event, a funder or a landlord. The fact that responses are not only quick, but friendly as well, makes the experience all the better. - Susan T, Finance Director

Our organization has been with J. M. Associates (JMP) for over 20 years. We have always found their staff to be professional, knowledgeable and responsive when it comes to our unique insurance needs. They are always available to review and advise on the many contractual needs of our organization and provide us with practical solutions. They perform a complete review of our insurance annually, providing us with a thorough marketing review of our 15 lines of insurance and an outline of the best insurance options available to us. We would recommend JMP to any organization seeking a professional and detailed insurance brokerage. - Rinku M., Director of Finance

I had the extreme pleasure of working with Anthony Mirarchi from J.M. PATTON Associates, Inc.. on my malpractice insurance this month! After shopping around for the best insurance with multiple brokers and underwriters, Anthony was the only person with the confidence and dedication to get something done! He delivered for me the best malpractice insurance and above all else was available for any questions while always seeming in control. I felt that my best interests were always being taken care of in a professional and timely manner! I am very thankful for my experience with Anthony Mirarchi and will be recommending him to more doctors for help! Thank you! - Brad Schaeffer D.P.M., The Learning Channel – My Feet Are Killing Me

“Dis-Inheriting” The IRS from Qualified Assets

One of the trickiest parts of legacy planning involves the connection between the IRS and your retirement accounts and other assets. We work with you to try to separate the IRS – as much as possible – from select accounts as allowed. You don’t want your family to have to feel the burden of these taxes, and JMP wants to make sure they never have to.

Living Trust Solutions

Having a living trust is essential so that your trustee can not only help manage your assets but take them over if something were to happen to you. Your trustee should always have your best interests in mind, and any living trust set up through JMP will make sure of this. We also ensure that the transfer of these assets to your trustee is smooth when you can no longer manage them.

Federal and State Estate Tax Minimization

One of our specialties at JMP is tax planning, so we know how to manage your assets and keep your estate tax rates as low as possible. We set up accounts and payment plans based on your income and estate that are designed to reduce, and in some cases, eliminate your estate tax. With our up-to-date knowledge of tax laws and codes, your federal and state taxes won’t be a financial burden when they’re in our hands.