Estate Planning
The most essential and basic element of estate planning is transferring assets to your heirs while creating the smallest tax burden for them as possible.
Estate Planning Protects Your Loved Ones
This is important. Estate Planning protects your loved ones which means giving them less to worry about while they grieve your passing. The most essential and basic element of estate planning is transferring assets to your heirs while creating the smallest tax burden for them as possible.
Tim takes the time to ensure you receive what you need to prepare your family for the inevitable. He will customize your Estate Plan based on what you need. It may include a Will, Living Will, Power of Attorney and Health Care Power of Attorney. It could also include establishing a Trust for individuals who may need to be cared for by a third party upon your passing.
Recommended reading:
Plan While You Still Can by Donald M. Burrows.
End-of-life planning isn’t just your having your will, trust and other legal and financial plans in place. There is much more to it such as, creating eldercare plans, making difficult personal decisions about where to live and how best to handle the matter of the family home, determining your legacy and making burial plans. Plan While You Still Can contains a series of 16 checklists, designed to help you clearly think through the process. Yes, end-of-life planning can be emotionally draining but think of it as your final gift to your loved ones. Using the tools in Plan While You Still Can, you can calmly and rationally gain peace-of-mind while creating the framework of an effective end-of-life plan.