ESTATE PLANNING: PUTTING YOUR HOUSE IN ORDER BEFORE PASSING ON

In Africa, it is very common for people to die and afterwards their estate becomes a subject of litigation amongst family members.This is even worsened by the practice of polygamy which inadvertently pitches family members into contending camps. This is so because of failure to embrace the practice of Estate Planning. People are discouraged from estate planning for many reasons. The main reason is that Estate planning on your own can be complicated and costly. So many things to take into consideration including state taxes, bureaucracy, probate courts, unfair appraisals, health care concerns, eligibility of heirs, life insurance, RSA, annuities and burial costs. 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 in a shaky marriage with divorce as a possibility? 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.

You may feel that you're too young to care about estate planning. Or, perhaps the reminder of death makes you uncomfortable. You might be tempted to put the whole thing off, assuming that it will just take care of itself. In all cases, estate planning ends up saving your family lots of time, heartache and money.

Hillcrest Pofessional Services. a firm of accountants and financial advisors will provide you with the help you need.
Every estate planning situation is different. In order to help you, a financial advisor will  want to know you, your unique situation, and the nature of your relationships.A financial Advisor will offer discussion, recommendations and useful research tools to make your planning simple, efficient, and worry-free.A financial advisor is usually available throughout the process for further discussion regarding questions, change of circumstances, and alternatives. At every step, he'll be there with you.

  Hillcrest Professional Sercives will help you...

• 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.

You also get help with...

• 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.

The hassles and red tape associated with estate planning can be daunting, but you don't need to do it alone. Appoint a financial advisor to assist you through every step of the process.

For free Consultation call 08039286522 or email hillcrestpro@gmail.com