Disclaimers

Estate planning is the growth management and preservation of one’s assets, with provisions for the most cost effective and least complicated transfer of those assets to one’s heirs. Estate planning is extremely important in order to avoid dying "intestate". Dying intestate means dying without a will or other provisions such as a trust that provides instructions for passing an estate to heirs. The negative impact of poor estate planning can include probate, creditors, the costly involvement of lawyers, and unnecessary taxation. Proper estate planning may include some or all of the following: Control of assets during lifetime An updated will Right amount and type of life insurance Inter vivos and testamentary trusts where required Provision for favorite charities Continuation of business interests or business exit strategy Children’s and/or grandchildren’s education Providing instructions for care and management of assets if incompetent Protection of assets from creditors It is very important to educate yourself with professional advice from someone experienced in estate planning, property and tax legislation. Our financial planning professionals have the training and expertise to help you design your plan, maintain your plan, and maximize your plan.