The mistake many people make is drafting their plans and then moving on without ever thinking about them again. You will likely make these plans long before you are gone, and many things can change in that time. Laws can change, your inheritance preferences might be different years later, and you could change your mind about things like who should have power of attorney. The people you selected to receive inheritances could have even passed away in the time since you made your original plans. Therefore it is a good idea to regularly revisit your estate plans to ensure they are still effective.
As your estate planner, we’ll create unquestionable beneficiary designations and life insurance payouts that take everything into account from local tax rates to federal estate taxes. We can help you make sure that as little as possible is lost in state estate taxes.
We’ll also schedule regular updates to your plans and ensure that if anything changes in your life that your estate plans change to follow them as well. Planning for after you are gone is one of the most important decisions you can make for your loved ones. Don’t entrust it to anyone other than a professional who has your best interests in mind.
To learn more about our estate planning services, contact GJR Consulting today.