Estate Planning
Estate planning is an on-going process for the accumulation, preservation and use of your assets to achieve security for yourself and your family during your lifetime and after death.
Why plan?
During our lifetimes we build our assets. Often these assets are created for today's needs; the house, the cottage, and the art collection. Sometimes assets are purchased with the longer term in mind, such as stocks, bonds, and other investments. As we grow older, our disposable incomes tend to increase and so do our assets.
On an annual basis we manage our assets to minimize ongoing taxes, often deferring these taxes into the future when the assets will be sold. One of your major assets is your interest in your business. This type of asset requires special planning to ensure its proper succession.
On an annual basis we manage our assets to minimize ongoing taxes, often deferring these taxes into the future when the assets will be sold. One of your major assets is your interest in your business. This type of asset requires special planning to ensure its proper succession.
How do I plan?
The process of estate planning consists of the following steps:
Now is the time to plan for tomorrow!
- Identifying your objectives
- Listing your assets and liabilities (inventory)
- Analyzing alternate courses of action
- Choosing and carrying out a course of action; and
- Reviewing and revising the plan as changes in laws, taxes and personal and family situations dictate.
Now is the time to plan for tomorrow!
How do I get started?
To get started on an estate plan for yourself, please download the Business & Estate Planning Questionnaire, fill it out, and contact us for an appointment.
