Life is full of changes and many occur unexpectedly. When it comes to estate planning, you will want to keep up with the goals you establish. Advance planning will ensure that assets such as savings account or retirement account proceeds pass in a smooth and timely...
Month: May 2021
How may a business valuation affect my heirs’ estate tax?
The federal estate tax considers the fair market value of your gross assets at the time of your death when determining the tax liability. Appraising your business now may give you its current worth and provide more options on how you may transfer it to your heirs. The...
How do you prioritize your estate plan review?
After creating an estate plan, experts generally agree that you should review it at least every 3 years even if nothing is currently changing in your life. This allows you to refresh your memory on what you wrote before and ensure everything still reflects your...
