Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. An effective estate strategy can spell out your healthcare wishes and ensure that they're carried out – even if you are unable to communicate. It can even designate someone to manage your financial affairs should you be unable to do so.
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Ascertaining the value of your business is important for a variety of reasons.
A letter of instruction provides additional and more personal information regarding your estate.
Irrevocable life insurance trusts can be important tools that may accomplish a number of estate objectives.
Do you have an estate strategy? You should.
Living trusts are popular, but their appropriateness will depend upon your individual needs and objectives.
The right executor may help ensure the distribution of your assets is done with as little upheaval as possible.