1/15/2016 - The Purpose For Estate Planning
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The reason behind the activity that is called estate planning would be to set into place an idea that will conserve the assets of and estate so that they can be passed onto heirs at the death of the who owns the asset, for at least costs and taxes.

At play in a typical situation is the existence of a large estate that will incur heavy federal and state taxation and administration costs during the death from the estate owner.

estate planning

Through the use of proper disposition of assets in trusts and using such strategies of gifting and life insurance, the bulk of a large estate can be transfered with a minimum of cost.

estate planning

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