|
Paramount will help you prepare a blueprint for your estate plan. We'll
show you various alternatives for passing on your estate. We'll show you
strategies for reducing taxes and administrative costs.
Survivor
Income
Paramount will create an estate plan to protect your family
and create survivor income for a spouse, children, and grandchildren.
|
Control
If you don't decide who gets what, the state will and your heirs will
have no say at all. Conflicts could tie up your estate in probate,
possibly for years. For this reason alone an up-to-date estate plan
is crucial. |
Conservation
of Assets
We'll create an estate plan to make sure as little of your net worth
as possible is eaten up by estate settlement costs. Your heirs could
lose from 20 to 06 percent of your estate, depending on its size and
how you arrange the ownership of assets. We can help you reduce this
shrinkage by using trusts, gifts, and other options. |
Liquidity
Some estate shrinkage is inevitable. Survivors will need cash to settle
your estate. If the money isn't readily available, they'll have to
dismantle the estate and sell the assets often at bargain basement
prices or dip into their own pockets. Paramount will help you design
and plan to minimize estate and settlement costs. |
Charitable
Giving
If you share your estate plan with charity, you'll cut your estate
tax bill. Direct bequests to charity are fully deductible for estate
tax purposes. Paramount can help you design a charitable giving strategy
that will benefit your estate and your beneficiaries. |
|
