WebBroadly speaking, there are two goals of estate planning. The first goal is to distribute assets at your death efficiently. Efficiently means with a minimal amount of effort, delay, taxes, fees, and other expenses. This first goal is what most estate planning clients have in mind. Most people do not give as much thought to the second goal of ... Webne of the primary goals of estate planning is to achieve tax-efficient outcomes for clients without hindering the clients’ non-tax objectives, including their investment opportunities. Th is bal - ancing act requires estate planners to have an understanding of the fed - eral securities law and, in particular, the following four primary acts: (1)

Estate Planning Flashcards Quizlet

WebWhat is Estate Planning? Estate planning is a process involving the counsel of professional advisors who are familiar with your goals and concerns, your assets and how they are … Web4 Nov 2024 · When developing an estate plan, you generally want to ensure that as many of your assets as possible are going to your loved ones and other beneficiaries. As such, a common estate planning goal is to minimize how much of your assets are going towards taxes. At the very least, you should have your estate planner look at estate and income … is stylo feminine or masculine

ch 15 Preserving Your Estate Flashcards Quizlet

WebWhats the estate planning process 1. Establishing and defining the relationship with a client 2. Gathering client data 3. Analyzing and evaluating a clients financial status 4. … Web4 Nov 2024 · Another purpose for estate planning is to ensure your assets pass to your appropriate beneficiaries. Without a Will or a Trust, your assets will pass under the laws of intestacy. Under intestacy, your assets will … Web27 Apr 2024 · Estate planning is defined as managing how assets will be passed to beneficiaries when an individual dies. It is the procedure of stating how a person wants their estate handled after they pass ... is stylish a virus