Article: CAREFUL PLANNING MAY EASE BURDEN OF TAX-EFFECTIVE ESTATE DISTRIBUTION

It's amazing how a soap opera can spin out of a poorly executed will.

Mistakes and oversights in estate planning can cause anguish for those beneficiaries the will was intended to protect. And yet a reluctance to dwell on the topic of death often prevents individuals from making sound judgments and planning prudently. Wills, as a result, tend to get short shrift.

Some families can be suddenly faced with complex decisions, particularly issues regarding taxes, after a member's death. Appointed executors, often friends and associates, are often presented with a major job they are unprepared to handle. Careful planning, however, can ease the burden.

The executor is the person ...

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