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Life and Estate Planning
Life and Estate planning involves making legal decisions before your death about the use, maintenance and disposal of your real estate, investments, cash, social security, family heirlooms, life insurance and business ownership. If designed properly, it will protect your heirs from legal distress or delay. If you don't have a properly prepared will that provides decisions about your estate, it could be years before your property is awarded to your heirs, or it could be transferred to them and distributed in ways you didn't intend. A well-designed estate plan can save thousands of dollars in death taxes and estate-settlement costs.
Estate planning is not just for the wealthy. Regardless of your income or net worth, estate planning can be critical to the health, security, and welfare of loved ones. The only way to ensure that your wishes will be carried out after your gone is to plan ahead.
Use these questions as a guide as you develop an estate plan:
10.Are there estate-planning strategies I can use to reduce my estate taxes?
The first step in estate planning is to have a discussion with family members to determine needs and objectives.
Don't let family members who are reluctant to talk about difficult issues delay this important discussion!
Estate planning involves a number of legal and financial regulations and technicalities, our professionals provide you relevant knowledge and peace of mind for these tough decisions.