CURTAIL HASSLES, TAXES & DELAYS
MAKING A WILL & PLANNING WHAT TO LEAVE BEHIND
What would you leave behind for your family? Would you be able to trust your legacy to just anyone? Of course, in any case you wouldn't tolerate passing upon your assets, investments, property and financial security that you have earned with great toil to wrongful person.
Dying intestate or dying without a will can leave your objectives in lurch. The absence of a will can delay distribution of your estate or even leave your beneficiaries in financial turmoil. Presently, if you do not have a Will, you should prepare one and divide estate among the living heirs to ensure that the inheritance is passed on the rightful person.
One of the most crucial decisions that you make while planning your estate lies in finalizing what to leave and to find the most deserving one. However, it is equally important to decide in what manner you want your assets to be distributed.
Preparation of Will
Dying intestate results in higher costs to estate. With a will you can plan so that your estate pays less tax. Will preparation answers following:
Who gets what when I'm, not around?
Who will take care of my dependents or my kids?
After my death does everything go to my spouse?
Do I have the right beneficiaries on my account?
How can I preserve money for the most suitable heirs?