
Critical Estate Planning Gaps You Can’t Afford to Overlook
An estate plan involves the distribution of assets based on a Will or specific instructions, with a personal representative executing these protocols upon your passing. It is crucial to minimize the tax burden on your beneficiaries by having a well-thought-out estate plan in place. Without a Will, Intestacy laws govern the distribution of assets, leading to complications. Therefore, it is essential for families to identify the most suitable estate plan that aligns with their intentions and goals. Identifying and addressing gaps in estate planning is vital, as even upper-middle-class families can overlook important aspects. Understanding the Probate process and estate planning is the first step towards ensuring financial security for your loved ones after your demise. By reducing the tax










