Tax Strategies in Estate Planning
Proper Estate planning takes into account tax strategies, wealth distribution strategies, and healthcare wishes. Federal taxes on gifts and estates can be among the highest assessed on any financial transaction. There are many types of state structures to consider that should be determined by you and a professional working together.
Estate Management
Estate management allows individuals to oversee their personal matters while they are alive and maintain authority over the allocation of their assets after they pass away. A well-crafted estate plan can articulate your preferences for healthcare decisions and guarantee their execution, even in situations where communication is not possible. It can also appoint a trusted individual to handle your financial affairs if you are unable to do so.