Too often, people believe their wills will solely determine who receives their assets. While this is true for “probate assets,” which are assets that are usually owned solely in a person’s name, it is not the case for multiple non-probate assets, which are assets that have a designated beneficiary. If you have qualified retirement plans,[…]
Estate Planning Primer Part 2: The steps to successful estate planning
By diamondcpas Estate Planning Jun 10, 2021
As you consider developing an estate plan, whether your goal is to provide for your family, protect assets, prepare for end-of-life decisions or, perhaps, some combination of all these, there are a number of steps to consider. Of course, it is always advisable to consult with legal and tax specialists to help guide you through[…]