Planning for the Unexpected
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Piehl, Hanson, Beckman, P.A.’s role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries.
Everyone should have a well thought out plan as to how to disburse one’s estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don’t have any complications to deal with during a time of loss.
I already have a will, do I still need estate planning?
Yes, although most attorneys have knowledge of broad tax laws, CPAs such as PHB are specialized in the intricacies of estate tax rules and how this can affect you and your family or business. Estate and gift tax laws change frequently, and our CPAs stay up to date on these changes to best advise you. Advance planning can also help you maximize the value of your assets by outlining all of the available options and understanding your overall financial picture–something most attorneys are not able to advise you on.