Let’s talk about something very dear to all of our hearts. Our loved ones’ wellbeing after we’ve crossed over into the great beyond. Have you considered estate planning for 2024?
Estate planning in this political climate.
You know with the political climate today, the government could very well be raising taxes on us all and with that will come more taxes on the estates of the dearly departed.
And of all people to be spoken ill of, speaking ill of the dead is one of the most important to avoid. And paying taxes on your estate, will be your fault. Now is the best time to think of and answer some very important questions with regards to estate planning.
Estate planning is important to your loved ones.
When you pass on, who will get your estate and personal belongings? You can, and should be, proud and hold your head high with the legacy you will leave your family. But now is the time for you to take steps to ensure they get what they deserve.
The worst thing that can happen is your prized 140 year old Family Bible goes to the one offspring who will peddle it like an old bicycle, selling it to the first and only bidder. It could end up in a second-hand shop on the discount rack. Instead of going to the one who has faithfully tried to follow your footsteps into the clergy.
Or what happens when the family farm has to be sold just to pay 1/3rd of the value to Uncle Sam for estate taxes. Or just as bad or worse, your uncle who lives in downtown L.A. and disowned your father 50 years ago steps in and lays claim to the land and is willing to hold the matter up in court for just long enough that every crop will have dried up and blew away in the dust.
There is a way to avoid all of this. It’s called a living trust, one of the key factors in estate planning. You decide who gets what. Your prized emerald ring that’s been in the family for 60 years goes to your eldest daughter.
Your special needs son will be taken care of the rest of his life with the proper estate planning. And the family farm STAYS in the family. If you have considered any of these possibilities, maybe it’s time to contact someone who has some answers for you.
Estate planning you can understand.
We can help you through the jungle with a program we call NetLaw. With much less headache and much less hard earned cash out of your back pocket than the ambulance chaser lawyers will want.
We never know how much time we have left, so now is the right time to tackle it. Not tomorrow, we may not have a tomorrow. We will rest in peace, but our loved ones may not have the opportunity unless we take care of business before that time comes.