Estate Planning
Estate Planning Services
Estate planning on your own can be complicated and costly. And the list is endless… state taxes, bureaucracy, probate courts, unfair appraisals, health care concerns, eligibility of heirs, life insurance, IRAs, 401(k)s, annuities, burial or cremation costs, and intent regarding death-postponing treatment to name a few. Not knowing your legal and financial rights often ends up costing you more in the end.
Thoughts of estate planning often bring more questions than answers: Could an heir be too young to inherit? Should the inheritance be given at a certain age? Is the intended beneficiary your child? If so, should divorce in the future be considered? Are there children from a previous marriage? Should inheritance be protected from potential creditors of the heir? Are there taxes that can be avoided? Are you able to avoid the probate court rules, delays, and costs?
Planning what happens to your estate when you’re gone can seem frustrating and intimidating without qualified help.
Estate Planning Consultant
You may feel too young to care about planning your estate. Or, perhaps the reminder of death makes you uncomfortable. You might be tempted to put the whole thing off, assuming it will take care of itself. In all cases, estate planning saves your family lots of time, heartache, and money.
We Can Help With Estate Planning
Every estate planning situation is different. In order to help you, we want to know you, your unique situation, and the nature of your relationships. We offer discussion, recommendations, and helpful research tools to make your planning simple, efficient, and worry-free. We are available throughout the process for further discussion regarding questions, changes of circumstances, and alternatives. At every step, we’ll be there with you.
Benefits of Estate Planning with T. E. Lott & Company
- Clearly define your estate planning goals.
- Organize and create your estate planning team (experts on law, finance, and taxes) if you need one.
- Evaluate and recommend estate planning options.
- Prepare, organize and review your estate planning documents, including current wills, trusts, health care and power of attorney.
- Decrease the problems and expenses associated with probate.
- Lessen taxes at time of death.
- Arrange for management of your estate in the event you are incapacitated.
- Draft a working plan for conserving and effectively managing your estate after death.
- Transfer the assets of your estate to heirs the way you want.
- Organize fair and adequate liquidation of estate to cover taxes and other expenses.
- Amend your plan as needed.
Estate Planning Help
The hassles and red tape associated with estate planning can be daunting, but you don’t need to do it alone. Our team is waiting to assist you through every step of the process.
- Living Wills and Trusts.
- Lifetime Family Wealth Transfers.
- Family partnerships and other business relationships.
- Leaving money to charities.
- Preparation for estate and trust tax problems.
Get in touch with us!
Achieving long-term financial health requires the guidance of experienced experts. Founded in 1926, T. E. Lott & Company has proudly helped business owners from a number of unique industries develop appropriate business strategies that allow them to achieve sustainable growth and future financial stability.