Three Benefits of Creating an Estate Plan
Making arrangements for your passing is one of the least pleasant activities that you will need to do, but it can be essential for protecting your loved ones from chaos and stress following your death. To this end, estate plans can be extremely useful, but you might not fully appreciate the range of benefits that you can enjoy by creating one of these plans.
Manage Tax Implications
If you plan on leaving assets to your survivors, it is important to note that this could potentially result in their owing additional taxes.