Broker Check

Estate Analysis

As they say, there are only two sure things in life: death and taxes. All of us face the inevitability of our passing, and most of us worry about how our loved ones will be cared for when we’re gone. We hope that the estate we leave behind will be adequate to provide for all of our remaining family’s financial needs. What most people don’t realize is just how much of their estate will be eaten away by the costs of dying, especially estate taxes, which alone can gobble up as much as 55 percent of an estate.

But fear not--there is hope for those who have the foresight to plan ahead. By analyzing your estate today, you can estimate the impact that taxes, final expenses, probate, and other costs will have on your estate when you die. Armed with such information, you can prepare to minimize this impact by implementing one or more tax-saving strategies or other techniques that best serve all of your goals.