Wealth Preservation
Philosophy of Death and Dominoes.
You may have heard that dying is not the end, but only the
beginning. This may be more than just a philosophical notion.
Like a domino affect, your passing may trigger a host of
issues that must be addressed in a timely fashion. Who will
address these issues for you? Will your estate be handled
in the proper manner? Will your wishes be carried out to
your specifications? Without the proper estate planning,
there’s no way to be sure.
Laundry List for the Grieving.
There are many things to be considered after your death:
• Who will oversee your burial and funeral arrangements?
• Who will notify your various financial institutions
of your passing?
• How will your debts and taxes be managed?
• Will your assets be transferred to your beneficiaries
as you intended?
Unwanted Inheritance.
Don’t leave the burdensome, time consuming, and often
costly task of sorting through the logistics of your death
to those you love. This is surely not the inheritance you
wish to leave your loved ones. In their time of grieving,
those closest to you may not be willing or capable of handling
the many details of managing your estate and memorial instructions.
Post-Death Forecast.
Taking into consideration the special needs, dreams and
circumstances of their clients, a good estate planning attorney
can forecast possible hazards and pitfalls that may arise
at death, and create a plan to avoid or minimize their affects.
For instance, various trusts may be put into place to save
the client the arduous and expensive task of going through
the probate process, as well as saving them a substantial
amount in estate taxes by creating building block trusts
and/or preserving their death tax exemption.
Peace of Mind
Charles de Lint said, "If you're not ready to die,
then how can you live?"
Proper estate planning begets peace of mind. Why worry
that your loved ones may suffer emotional and financial
set backs after you pass when you don’t have to? If
you plan ahead, you can spare them this added grief, and
ensure that your estate is protected and distributed as
you see fit.

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