Estate Planning Is A Tax Strategy
Tax season can shine a spotlight on your financial worries. Just thinking about filing your tax return might bring on stress symptoms. Tune down that tension with some smart strategies to help you feel more in control of your finances. Build your wealth and turn tax time to your advantage.
There’s nothing like tax time to get a couple talking about their money goals. Take advantage of this. Plan not only for your taxes but also for your family’s future.
Estate Planning ensures your assets pass onto your heirs smoothly, quickly and tax efficiently, while minimizing probate and final taxes. Your Financial Advisor can help you plan for a lasting legacy.
Here are three questions to ask yourself:
- How will retirement affect your income and your estate?
- How will the death of one spouse affect your income and your estate?
- What will happen to your estate when both you and your spouse die?
There are many proven ways to minimize probate fees and taxes. Different assets are taxed in different ways. This tax season, think about your family’s future. Strategize how to leave more to your loved ones and less to the government.
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