Wealth Conservation - Know today what your assets can do for you in the future.
All men and women, regardless of the size of their estate, should be vitally interested in getting the maximum value for themselves and their families out of the properties they have worked so hard to accumulate.
The estate of each individual goes through four phases:
- The FIRST is the building period when through your work, savings and investments, you create an estate, not only for eventual distribution to your family, but also for your ultimate retirement.
- The SECOND phase is when you actually retire where you will be funding your lifestyle with the assets you have accumulated
- The THIRD phase is a transition period, which starts when death occurs. The executor must, during this period, assemble and safeguard all the assets of the estate, pay administration expenses, debts and taxes.
- The FOURTH phase is, where the estate assets remaining after the payment of expenses, debts and taxes are available for your beneficiaries.
Our objectives are to determine those steps that could help facilitate the accomplishment of your goals. Our recommendation purports to encourage economy in your financial affairs.
While planning is a continuous process, there is obvious value in knowing today what your assets can do for you in the future.