Over the years we have assisted our clients in the preparation and review of their personal and business wills from an income tax planning perspective.
There are many income tax “traps” to be wary of if you have rental, business or investment assets that will cause your estate needless income taxes and your executor’s additional professional fees in addressing the transfer of your assets in accordance with the instructions left in your will.
In conjunction with Memorial Gardens we have produced a Legal Will Kit that includes a number of timely topics including the following:
What is a Will? / Who can make a Will?
The Advantages of Having a Will
The Disadvantages of NOT Having a Will
Property Not Affected by a Will
Choosing an Executor/Trustee
Contents of your Will
Leaving Gifts (Bequests)
The Importance of Expert Advice
Custody of Minors
Funeral and Cemetery Planning
Writing Your Will
Completing the Will Form
Adding Additional Pages
Clauses that Don’t Apply to You
Wrapping It Up
Signing the Will
Changes in Relationships
What is a codicil?
Revoking a Will
Glossary of Terms
This is an excellent publication that covers many areas of this timely topic. If you would like a copy of the Legal Will Kit, kindly email Joe Truscott at firstname.lastname@example.org.