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Description
Is generational wealth possible for my family? How do I avoid probate? How do I establish a trust? Is there another estate planning tool better suited for me? How do I ensure orderly succession of my business interests? When should I begin estate planning? What professionals and advisors should I rely on? These and other complicated questions and issues arise when estate planning is considered. It can all be overwhelming. And, in today's age of social media "influencers" and "wealth gurus", there is a lot of misinformation being spread about wills, trusts, asset protection and estate planning. Still, estate planning is a critical step that many individuals overlook, resulting in missed opportunities to build and preserve wealth for future generations. It is a common misconception that wealth and abundance are unattainable or only reserved for a select few. Even those who have achieved a certain level of financial success often encounter complex legal, tax, and family-related challenges that hinder their ability to effectively plan for their legacy. This book aims to dispel these misconceptions and provide readers with the necessary legal insights, practical examples, and valuable resources to make generational wealth a tangible and achievable goal. This book explores the specific advantages that middle-class families can gain from comprehensive estate planning, empowering them to navigate the complexities of wealth preservation. The estate planning insights in the book also provide immense value for wealthy individuals and business owners who are looking to prepare for succession and the transfer of their wealth. The book offers invaluable information and insights tailored to the unique circumstances of high net- worth individuals, addressing the intricacies of wealth preservation, tax optimization, business succession, and the seamless transfer of assets across generations. Whether it’s establishing trusts, structuring business entities, or creating comprehensive wealth transfer strategies, readers will find actionable advice and practical solutions to safeguard their financial legacy and ensure a smooth transition of their wealth. Read more
Publisher : Estates Made Easy (July 2, 2023)
Language : English
Paperback : 108 pages
ISBN-13 : 05
Item Weight : 5.4 ounces
Dimensions : 6 x 0.25 x 9 inches
Best Sellers Rank: #165,417 in Books (See Top 100 in Books) #45 in Legal Self-Help #78 in Estates & Trusts Law #194 in Wealth Management (Books)
#45 in Legal Self-Help:
#78 in Estates & Trusts Law:
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