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Estate Planning - Leave a Legacy Nearly everyone understands the importance of having a good estate plan in place. Yet more than 70% of Americans do not have a current will. Despite their best intentions, many people are still reluctant to take the necessary steps to create a good estate plan. What are the reasons for delaying an estate planning decision? Usually it's uncertainty over how to go about preparing an estate plan; how to choose a competent attorney; or the cost of estate planning services. Estate planning can benefit you, your heirs and ministries of your choice. In addition to the benefits below, estate planning can reduce costly and lengthy legal proceedings for the division and distribution of assets, but most importantly it will assure you that your assets are allocated according to your desires. · Reduce your income taxes · Avert capital gain tax · Increase your current income · Receive payments for life · Achieve no-cost, worry-free asset management
Please contact Ron Kramm at SAMS to discuss this type of gift in more detail. |
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