At a person's demise, there are certain typical problems, which, if not planned for will create a huge financial burden on those who are left behind. 

Proper Estate Planning can reduce and many times eliminate those problems.

Financial Burdens

Estate settlement costs are too high:

These costs consist primarily of probate fees and death taxes.

Probate Fees:  These are generally paid to the Executor of the Estate and the attorney who assists with the probate.

Death Taxes:  Estates that exceed certain amounts may be subject to both state and federal death taxes.

Estate Assets are improperly arranged:

Liquidity:  There are not enough liquid (cash-type) assets to pay estate settlement costs.

Cash Flow:  There is not enough income to care for loved ones left behind  (spouse and minor children).

Family Trusts, Corporations, Limited Partners:  Which vehicle is best for your estate?  The Clark Company can help.

Transfer of Assets

Estate assets may be subject to probate delays and expenses.

Assets transferred to minors may be in cumbersome guardianship accounts until they attain age 18, or 21 in some states, and are then distributed outright to the children.

Additional death taxes may be incurred because there was no pre-death planning.

Beneficiary changes and updates on insurance policies may have been overlooked.

Care of Minors

Guardians:  Parents can nominate a guardian for their minor children in their will.

Asset management:  If the wrong person(s) are chosen to manage the assets left for the minors, the assets may be lost or unnecessarily reduced.

Trusts: A trust may be established for survivors to assure that they are financially cared for.

At The Clark Company, proper Estate Planning will give you the improved financial confidence knowing that your heirs will be taken care of with the least amount of financial burdens in their lives and the greatest value of your estate going to them instead of probate courts, state and federal agencies or attorney's fees.  It's never too late to begin Estate Planning.  No matter the size of your estate, The Clark Company can help you transfer the greatest amount of your hard earned assets to your loved ones. 

No estate is too big or too small for proper Estate Planning. 
Begin today!