Trust and Estate Planning

The purpose of estate planning is to permit us to enjoy our property during life and then pass the unused portion to whomever we choose, with the least possible shrinkage in value. With wise planning, we can accomplish the following desirable ends: satisfy our personal needs and desires and those of our family, ensure that our property is left t...

The purpose of estate planning is to permit us to enjoy our property during life and then pass the unused portion to whomever we choose, with the least possible shrinkage in value. With wise planning, we can accomplish the following desirable ends: satisfy our personal needs and desires and those of our family, ensure that our property is left to the intended beneficiaries, designate someone to care for minor children, reduce family contentions, reduce the cost of transferring property upon death, and minimize income, gift, estate, and inheritance taxes.  The procedure to follow in planning an estate varies from family to family because no two financial or family situations are enough alike to make one plan suitable for all. Many different factors must be considered, such as the size, age, and health of your family; the nature and amount of your income; the business or professional training of your spouse or children; the way you feel towards providing for members of the family after death; and your desire to make specific or charitable bequests to civic organizations, universities, or the Church. Whether your estate is large or small, your estate plan should be tailored to meet your specific needs and desires.

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Trust and Estate Planning  There are 5 products.

Showing 1 - 5 of 5 items
Showing 1 - 5 of 5 items