legal advice

An article from Property Update provides clients with several key insights to help them understand and manage their estate planning effectively. Fundamentals to Estate Planning By Ken Raiss March 23, 2023 Planning your estate is an important matter. Estate planning involves arranging your assets and circumstances in such a way as to ensure that your beneficiaries after your death receive from your assets, maximum use and enjoyment at a minimum cost in taxes and heartache. In other words, estate planning should be an efficient and effective intergenerational wealth transfer solution that provides for your required lifestyle and enjoyment ambitions while you are alive. Before delving deeper into this topic with your legal advisor, it is important to understand the basic fundamentals. Note: The main issue to understand is that you will only look at your estate assets which will be managed through your will, and not your non-estate assets which are outside of your will. It is also important to understand [...]