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Why Plan Your Estate?

Many individuals put off planning their estates. Perhaps this is due to a misconception that estate planning is only necessary for people who have accumulated significant assets or involves tax planning, which can be done “later.”

The fact is that, regardless of your level of wealth and the ultimate tax consequences of your estate, solidifying the future of your family is probably high on your list of priorities. That is why a well-structured estate plan is invaluable. Through it, you can control the distribution of your assets and possessions, name guardians for your children, and plan care for other dependents. There is no better time to start planning for your family and heirs than today.

Individuals involved in the estate planning process should work with their estate planning team, including their own personal legal or tax counsel.

Written and published by Liberty Publishing, Inc.

Posted on 8 September '11 by gedwards, under Estate Planning, Financial planning, life insurance quotes.