A legacy, a plan, your home, your investments, your business. The truth is that what we leave behind will serve as a testimonial of how we lived. Too often, poor estate planning leaves the results of a person's lifetime work in the hands of a probate judge and the state and U.S. Government - and that's no way to leave your affairs.
Surprisingly, many people think that they are too young or don't have enough assets to seriously consider estate planning. The reality is that an 18 year-old who owns an old Yugo and a pair of jeans needs to consider estate planning. The humor makes the point: estate planning is for everyone.
Your family's property or the State?
Garbelman Winslow CPAs can provide a comprehensive plan to protect what you've worked for so that your spouse, your children, and their children can continue to enjoy and appreciate what you've done. Avoidance of probate, inheritance and capital gain taxes, and uncertainty regarding your financial future is all possible within the laws of U.S. and state government. We can help you set up:
- Estate determination
- Probate avoidance strategies
- Tax reduction
- Retirement account establishment
- Considerations for children
- Special considerations for businesses
- Planning for the unexpected