By Michelle Muhammed, CFP

Ben Franklin well-knpersonally said, “On this world, nothing Is Needless to say besides demise and taxes.” It’s a phrase that’s typinamey repeated for a set off. And, wright hereas demise is finally unavoidable, with relevant property and tax planning strategies, It is potential To Scale again or get rid of the ensuing property taxes and probate costs associated Collectively with your property plan.

Michelle Muhammed

In my 21 years as a monetary planner, it’s surprised me What quantity Of people Are typinamey confused about property planning, even In all probability the most monetaryly savvy.

Under I’ve compiled A pair of of the extra widespread questions and considerations I’ve encountered By way of the years. I hope A pair of Of these classes will Assist you To shield your self and your legacy.

I’m not rich, I don’t want an property plan

I’ve heard this assertion from Individuals with $3,000, people worth $3 million, And everyone in between. Every thing is relative. Some people are evaluating themselves to their pals or household Who’ve A lot Greater than them.

Tright here are A lot of challenges with this assertion. For event, as a retiree, Do You’d like to spend …….

Source: https://www.thestreet.com/retirement-daily/your-money/estate-planning-financial-planner