For clients who wish to leave the maximum inheritance to heirs and preserve assets, many options exist. The best strategy depends on individual circumstances and goals. Consider these key wealth strategies.
Retirement Planning Example
Many clients pass away with significant retirement accounts (401(k) or IRA). If you have a young beneficiary or don't trust they'll make prudent financial decisions, we can utilize strategies to stretch that retirement plan over the beneficiary's lifetime, lasting well into their retirement years.
What Are Some of the Most Common Causes of Will Contests?
We see will contests periodically, with two main triggers:
Lack of Clear Planning
Not having a clear plan or blueprint, or failing to work with a qualified attorney to ensure all details are properly addressed.
Second Marriage Situations
Situations involving a surviving spouse and children/descendants from prior relationships naturally create potential conflict. It's crucial for clients to work with a qualified attorney to create a plan that addresses these natural tensions.
Don't let estate planning procrastination create problems for your family.
