Crucial Considerations to an Estate Planning Review*
WHAT IS ESTATE PLANNING?
Simply put, it is the process of designating who will receive your assets in the event of your death or incapacitation. Most of the time this is done with assistance from an attorney.Ā A well-structured estate plan can help to be sure that your heirs and beneficiaries receive assets in a way that manages and minimizes estate taxes, gift taxes and other tax impacts.
Estate Planning Checklist
Inventory your belongings
Account for the needs of your family
Establish directives
Review/Update your beneficiaries
Take note of your stateās Estate Tax laws
Consider the value of professional help
Plan to review and reassess yearly
To learn more, checkout my 7 Part Series on Estate Planning, now:
*PLEASE NOTE:Ā
This article is meant to provide background information and should not be considered legal guidance.
For more about our Estate Planning Team nd Services, reach out to us today:
(916) 572-1117 or Mickie.Giacomini@gmail.com
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