Associates in Accounting, CPA (502-451-8678) has updated its estate planning and wealth transfer advisory services for high-net-worth individuals and families.
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The announcement responds to a recent Will and Estate Planning study by Caring.com showing that only 32% of Americans have a will, which indicates a 6% decline in estate planning from 2023. While estate planning attorneys can help with the legal side in administering the terms of a will, certified public accountants play a crucial role in ensuring a person’s wealth is transferred to beneficiaries in an optimal way.
More details can be found at https://associatesinaccountingcpa.com/
The experienced CPA firm offers estate planning and estate tax returns, and can also refer clients to estate attorneys. This ensures a financially secure future for clients' families and gives them peace of mind, which is important despite many people's fears about end-of-life planning.
“Many individuals don’t like to think about planning the end of their lives because they feel like planning their deaths will cause it to occur,” Associates in Accounting's CEO, Rick Fields, wrote. “But the reality is that there are some basics that should be considered for their estate planning. At the minimum, people should consider making a will to ensure that their wishes for their children or beneficiaries are realized.”
Associates in Accounting, CPA clarifies that estate planning has multiple benefits for individuals and businesses. For high-net-worth clients, estate planning includes the proper allocation of assets to a spouse, children, and business partners; which may result in some tax deductions for certain assets, as well.
The firm emphasizes that proper death planning makes asset allocation much easier and simpler compared to a court-monitored probate case. There are a variety of trust structures that can simplify this process and provide an orderly method of transferring property upon death.
Associates in Accounting, CPA is committed to helping individuals and business owners in the state reduce taxes, increase their profits, and achieve their financial goals. New clients can schedule a no-cost, no-obligation discovery call with the team through their website.
Interested parties can find more information by visiting https://associatesinaccountingcpa.com/
Contact Info:
Name: Melissa Hayes
Email: Send Email
Organization: Associates in Accounting, CPA
Address: 9405 Mill Brook Road Suite 102, Louisville, Kentucky 40223, United States
Website: https://www.associatesinaccountingcpa.com
Source: NewsNetwork
Release ID: 89143109
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