Topics include education, estate, insurance, investment, retirement and risk management planning as well as basic tips for budgeting.
Building your assets is essential; however, don’t disregard the strategy to conserve them for the people or organizations you want to share them with when you’re gone. Plan your estate now to reduce its tax burden later and distribute more assets to your beneficiaries.
Without proper planning, over half of the value of your estate could be lost due to federal estate taxes at your death. Do you want the IRS to be the single largest beneficiary of your estate?
People frequently underestimate the value of their estate. If you consider the value of your home, cash, investments, pension benefits, personal property, trusts, life insurance and other assets, you are probably worth a lot more than you think.
Thoughtful and comprehensive estate planning involves ways to help reduce taxes and to help your beneficiaries receive as much of your estate as possible. As your life’s circumstances change, your estate plan should change accordingly.