No one likes to dwell on the prospect of his or her own death, but if you postpone planning for the inevitable, you run the risk that your intended beneficiaries may not receive what you want them to receive in a timely and cost-effective manner. This is why estate planning is so important.
Believe it or not, everyone has an estate. Your estate includes everything you own: your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, jewelry and other personal possessions. No matter how modest or large your estate is, you can’t take it with you when you go. When that happens, you will want to ensure that your property goes to the people you want, in the way you want, and when you want. Moreover, estate planning allows you to save as much as possible on taxes, court costs and attorney fees. Proper estate planning should also include:
Our tax consultants are ready to help you get your estate in order. While no one wants to think about their own mortality or the possibility of being unable to make their own decisions, it is important to have these discussions before it is too late. At Cityline Tax, we have seen so many families caught off-guard and unprepared when incapacity or death strike. Don’t wait until it is too late: Get peace of mind now! Schedule your consultation today by calling 347.295.1067 or by filling out our online contact form.