Estate Planning South Lake Tahoe CA
KBCA LLC. - Your Local Accountants & Advisors
Our job as South Lake Tahoe CA estate planners is to make certain that you can leave as much of your hard-earned wealth to your beneficiaries. We make certain that our clients are completely up-to-date with the always changing estate tax laws. No matter what stage of existence your estate is in, we have the experience and expertise to work with you, your legal counsel and the courts in a seamless fashion. Listed below are some of the services we provide in this highly complex area:
- Review of attorney prepared trusts, wills and estate documents to ensure your financial objectives are met.
- Provide assistance to attorneys in designing and developing various trusts and other tax vehicles to maximize tax benefits.
- Provide assistance with funding and administration of trusts before and after death, to ensure terms of the trust documents are met.
South Lake Tahoe CA Estate Planning Tips
No matter your age, here are a few important tips to aid in your estate planning.
1. Create a Will
A legal will drafted with the support of a professional estate planner may prove to be the most wise money you ever spend. A professionally crafted legal will can save your heirs from costly headaches associated with probate and ambiguity.
2. Beneficiary Designations
Make sure to check the beneficiary designations for all of your savings and retirement accounts. Review such items as your IRA, 401k and Life Insurance Policies. It is important to verify who the designated beneficiary’s are to avoid potential confusion.
3. Consolidate Misc. Accounts into One Account
Consolidating some of your accounts means fewer statements, less paperwork for your heirs and fewer potential administrative costs to account for.
4. Talk to the Professionals
In most circumstances, do it yourself estate planning is not recommended. If your estate is likely to trigger financial, legal and emotional issues upon your passing, it is crucial that your estate be setup properly via a professional estate planner in South Lake Tahoe CA.
Contact KBCA LLC. Today: 1-775-885-8847