How Can I Protect My Heirs From Excessive Tax Penalties When They Inherit My Estate In The Buffalo, NY Area?
Estate planning is a key component of ensuring that your wealth passes to your loved ones with minimal interference from the IRS.
There are as many approaches to estate planning as there estates, but in general, planning for your estate using wills and trusts gives you control over your assets and wealth while you’re alive, and an efficient transfer to your heirs when the time comes.
These tools also allow you to name a trusted person in your life to manage your affairs in the event that you become unable to do so.
Trusts are an ethical, legal method of protecting your wealth so it goes to the people, charities, or institutions that you prefer, not the IRS.
At Friedman & Ranzenhofer, we give our clients the peace of mind that comes from knowing that the things they’ve worked so hard for will go to the people they love most.
Call us today at 716-542-5444 for a free consultation with an experienced Buffalo estate planning attorney.