Planning for yesterday, today and tomorrow most of us need:
Estate planning is all about being diligent in the care and maintenance of all that you have worked for during your lifetime. It is also an extension of following through with your responsibilities and fulfilling your obligations. Your first responsibility in planning your estate is to yourself, and your spouse, and your children. It is important to ensure that both you and your family are provided for at any time.
Although, it is not a necessity to have a spouse and/or child to require effective estate planning, the existence of a spouse and/or children nearly mandate a comprehensive estate plan. This means using a will, a revocable trust, and powers of attorney; life insurance, health insurance, and long term care insurance; IRAs and annuities; and other means to be sure that you and your family's needs are met.
The word PLAN is very important. You cannot plan anything once you have departed or become incapacitated. Estate planning is not for "then" and whenever that might be, it is for "now".
If you desire to avoid or minimize estate taxes, keep your assets in the family, distribute family assets or personal mementos according to your wishes, and retain the ability to make other choices, you must have a plan. Estate planning is all about you, your family, and your estate.
It's about taking responsibility to ensure that your assets, everything you own and control, is preserved and used for the benefit of those you love. Finally, estate planning is about life, not death. Through an effective estate plan, you can live on, in and through your family, your estate, your hopes and plans and dreams. You can live on, but only if you plan.
If you would like to plan your estate or have your asset protected, please contact us at 1.855.TAX.2555