The old adage “nothing is certain but death
and taxes” is very true. Since income taxes occur on an annual basis we think
about them frequently. Our own death, however, we seldom think about or plan
for. That’s a problem.
Admittedly, it’s fairly
difficult to plan for death and taxes at your passing. But if I could
delay only one of them, it would be death.
Anyone who has stuck by their
family during the passing of a loved one knows just how powerful the ensuing
emotional (and financial) tsunami can be. There are many decisions that must be
made during a time of grief. This fact of life was recently addressed in a Forbes article titled “Are You Ready For Both Death And Taxes?”
Death taxes aside, death itself
presents choices that must be made. You, and you alone, are in the best position
to make proper estate plans to preserve and protect your assets and your family
at your passing.
The original article presents a
good, better, and best approach. But what is the best approach? In the
end, you know your assets and loved ones better than anyone else.
Doesn’t it make sense for you to
make proper plans now, rather than later?
Contact Meier Law Firm to start your estate planning.
(August 21, 2012) “Are You Ready For Both Death And Taxes?”