No matter your age or net worth, you need to make legal arrangements for control of asset distribution after you. In case of death without a will / other legal steps, the assets will be distributed according to the law of the respective state to which the individual belongs. You can consider gifting to heirs […]
Estate Planning
Estate planning – differences between generations
Generally, when planning one’s estate and organizing personal affairs, two things come to mind — death and taxes. Organizing one’s affairs for prior generations was simpler, as assets were generally easier to discern, locate, value and distribute. Today’s estate planning is not just about death and taxes, but includes protection of one’s assets from the […]