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It is common for people
to avoid issues relating to their own death, but it is a vital component
in developing a fully viable wealth management plan. W.P.G. can help
you overcome any hesitation about estate planning and help you develop
and implement your estate plan.
Without proper estate planning, a portion of your assets could
be unnecessarily lost to taxation, estate administration, and probate
fees, eroding your estate and decreasing the value to your beneficiaries.
Because of the complexities of estates, it is important to establish
a proper estate planning team, including a lawyer, accountant, and
financial planner to help in the development of an appropriate and
effective estate plan.
Common estate planning goals include:
- Smoothing the transfer of large assets at death (e.g. Cottage
or Business)
- Leaving money to charity (bequest)
- Decreasing taxes payable at death
- Setting up trust fund accounts
- Ensuring survivors are financially secure
As part of your estate team W.P.G. can help guide you through the
estate planning process and provide you with the necessary financial
estate planning products and services.
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