Need help with ACC317 Advanced Federal Taxation

timer Asked: Dec 5th, 2015
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Question Description

Explain other key benefits of estate planning?

Tutor Answer

School: UT Austin

Thank you for the opportunity to help you with your question!

Estate planning involves the arrangement of how one wishes to leave his money and property to his family, children and spouse. It involves writing a will and deciding who to take care of your children and how your assets would be allocated. It helps one make a decision on who to manage one's affairs, have stress free life, take superb care for loved ones with special needs,aids one's heirs with good inheritance management,ensure children's safety,desirable estate distribution,immunity of asset from hands of second marriage, guaranteed family's financial security  and enables one pass family values.

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