As your wealth grows, so does the complexity of your estate planning. Before you close your books for the year, take the time to review your will, trusts, insurance, beneficiary designations, and powers of attorney.
You may be surprised to realize your situation has changed, and it’s time for some updates. If that’s the case, work with your estate planner, CPA, lawyer, and insurance advisor to keep your plan on track.
When it comes to estate planning, you want to make sure that the people who inherit your wealth keep as much of it as possible, and that means keeping taxes as low as possible not only in life but also after you pass on. To find out how TFW Advisors® can help you do this, book a call with us today!