Estate Planning

It is also possible to start gifting your ownership interest to your heirs or beneficiaries now, during your lifetime. There are some complexities related to lifetime gifting (federal gift tax returns, annual gift tax exclusion amounts, lack of a “step-up” in basis, etc.). Nevertheless, this can be a viable and important part of an estate plan.

Meet The Professionals at Cornerstone Wealth Management

If there’s one thing the team at Cornerstone Wealth Management here in Canby wants you to know, it’s that they are here for you, regardless of where you are in your financial journey or where you want to be headed. “Everyone has to start somewhere and at some point in time,” says Matt Stutes, the firm’s financial planner and son of founder Chris Stutes.