Meet the Estate Planning Team |
One person cannot be an expert in all of the phases of
estate planning. Therefore, many estate owners use a team of two or more professionals to
assist them in properly planning their estate. |
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Estate Planning Attorney
Properly drafted wills, trusts, and other documents can save many thousands of dollars in taxes and other estate settlement costs. Some attorneys specialize in the area of estate planning. |
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Life Underwriter
Life insurance is a unique product that delivers badly needed cash at the most critical times. A professional life underwriter can assist in determining the amount, type of policy, ownership, and beneficiary arrangements. |
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Certified Public Accountant (CPA)
Income tax and estate tax returns must be filed shortly after a person dies. During your lifetime, a qualified accountant or CPA can keep you from paying taxes unnecessarily. |
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Trust Officer
In some cases, family members are not the best choice to handle the affairs of your estate. Corporate executors and trustees can eliminate bickering and hard feelings that arise among siblings who think the appointed child did not properly carry out his or her duties. |
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Development Officer
A planned giving specialist is well versed in the advantages of lifetime charitable gifts or bequests after one dies. Many benefits are available in this area. |
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Financial Planner
This team member may have special training in investments and can assist in helping you in accumulating funds for your children’s college education and your retirement. |
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The Captain of Your Team You are the Captain of the team. After carefully reviewing the recommendations of the team, you will decide which route to follow. |
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Every attempt is made to keep information on this and related sites current
and accurate. However, you should always consult your advisor before taking action
based on information you get from this site or any other source. There may be
other factors or options that would apply to your specific situation
that are not covered in the brief introductory information presented here. |
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