There are probably many questions that come to mind when planning for your estate or the estate of a loved one. Will there be federal and state taxes? What is probate? Can probate be avoided? How will our (or my parents’) IRA’s, retirement 401(k) or pension plans be handled? What about final health care costs? What age should the beneficiaries be granted the inheritance? These are just a few questions.
Take proactive steps today for estate planning that will allow you to take control. Even simple planning will make matters a lot easier for your heirs during a very difficult time.