http://www.brightpathwealthmanagement.com http://www.brightpathwealthmanagement.com/why-you-need-an-estate-strategy 1) The Big One: Probate. Probate is the legal process that wraps up a person's legal and financial affairs after their death. The probate process typically costs between 4-7% of the total value of your estate, but in certain circumstances it can cost more. While no estate strategy can completely eliminate the risk of an extensive probate, managing the probate process may be possible with a valid will and assets that avoid probate. <div> <img src="https://irp.cdn-website.com/7b16ffcd/dms3rep/multi/why-you-need-estate-strategy-ToT-01.png" alt=""/> </div> <div data-rss-type="text"> <p> <span> CreatIveOne does not provide legal advice and cannot draft legal documents. We work with experienced CPA’s, tax planners and estate planning attorneys who develop the legal documents that express a client’s estate planning intentions. We are pleased to work with a client’s current estate planning attorney, CPA®, and other advisers. </span> </p> <p> <span> This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. </span> </p> </div> Fri, 01 Jul 2022 14:52:41 GMT http://www.brightpathwealthmanagement.com/why-you-need-an-estate-strategy estate strategy thumbnail main image