The future is unpredictable. The best one can do is prepare now for what it may hold. The truth is it is never too early to start planning for one's future. While this applies to everyone, it is particularly crucial for those with loved ones depending on them. Mortality is a tough reality to face, but one doesn't have to face it alone. Mark Reider knows the importance of easing the transition of property and settling of affairs for family members.
Each individual's estate may require specific areas of need that may have not been considered. Having an estate planning attorney help one create a plan to avoid the pitfalls of taxes, court costs, and legal fees goes a long way saving loved ones stress, time, and money. It is necessary to get an attorney with the experience and knowledge to correctly convey one's desires. Mark Reider can help thoroughly establish matters regarding wills, any related trusts, and Powers of Attorney for health and decision making in the event one is unable to make these decisions themselves.
Trusts are an essential part of relieving tax burden. While there are many types of trusts, the most common is probably a Revocable Living Trusts. Trusts allow one to dictate who will get one's assets when one has passed away and when they will get those assets.
For those owning a business or business interests, it is important to consider how these area transfered in the even they retire, become incapacitated, or deceased. Besides mitigating taxes, a business succession plan helps assign the transer of responsibilities and ownership.
Probate is the process in which courts determine how one's assets will be distributed upon one's passing. While there are methods in place to attempt to avoid probate, it is sometimes inveitable and ultimately in one's best interests. Mark Reider can help you plan for these complicated and unforeseen circumstances.
Types of trusts and related services provided by Mark Reider:
Advantages of revocable living trusts include, but are not limited to:
You can benefit from a business successiion plan with Mark Reider in the following ways:
Whether formal probate, informal probate, or estate planning, Mark Reider is a reliable advisor able to help navigate the many responsiblities of a personal represenative (executor):