The Law Offices of Joseph Adelizzi – November 2021 Newsletter
November 1, 2021
Don’t miss our November Webinars!
Hard Work & Values
Should Never Go To Waste
Don’t miss our November Webinars!
OK, I have decided to post some results that we have recently obtained for clients who have retained us to set up their estate plans
Contrary to this assumption, developing a plan now can help you build retirement benefits and income streams to have enough money when you reach retirement age.
Congratulations! Your retirement planning paid off. You built a $1 million retirement nest egg. How long will $1 million last in retirement?
Various studies show that most adults have not prepared a legal will. However, the point I’m really trying to make is that everyone has a will in a way—just not one that they have executed.
Thinking of exit and estate planning in tandem, allows owners to ask relevant questions to bring their entire picture into focus.
Beneficiary designations are a crucial part of estate planning, yet they are often overlooked. Once you have signed your estate planning documents, you need to make sure that your beneficiary designations are consistent with the rest of your estate plan.
Contemplation of retirement can be both exciting and intimidating. Obviously, planning for the beginning of retirement should start early.
When transferring wealth to the next generation, many families prefer to make gifts to younger family members in trust, rather than gifting the assets outright. Gifting assets to a trust has many advantages, including asset protection, tax planning and maintaining family control until the beneficiary reaches adulthood.
If asked to be a trustee, anyone, unless previously experienced in this field would not know what the responsibilities are. How much work is involved? What is the time frame? Do I need to prepare tax returns and handle accounts? Can I get help? When do my responsibilities end?
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Hard Work & Values
Should Never Go To Waste
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