Estate planning is the process of determining how you want your estate to be distributed when you die. In today’s world, it’s becoming more and more important for people to have a plan in place for their assets, especially with all of the recent tax changes. Estate planning is best accomplished with the help of an attorney—it’s important to vet …
Defining A “Personal Estate” Your personal estate is the sum total of your personal property – and also a little bit more. Virtually everyone has a personal estate, the only thing that varies is its size and scope. Your savings and checking account, possessions, house, and vehicle are all part of what you can call your personal estate. The Purpose …
Paying Fewer Taxes Whether you’re an employee or a business owner, there are many things an accounting firm can do to ensure you’re legally reducing your tax liability to the fullest extent. An accounting firm can help you with tax planning, recommending tax saving strategies and showing you what you can write off, so that you maximize your after-tax income. …
While it might sound like a lofty expression, everyone has a personal estate of some kind, no matter the size or scope. One’s personal estate includes their: House and other real estate Vehicles Checking and savings accounts Personal possessions of all kinds, including furniture and clothing Financial investments Life insurance As a matter of fact, one’s estate can also include …