Estate Planning Done Right

Make Sure Your Family Transitions Prepare Your Children and Your Family for Financial Freedom.

Estate planning is far more complicated and involved than most people realize. If you don’t have a full understanding of your legal and financial rights, it is going to end up costing you… or your family… much more in the long run.

If you think you are too young to worry about estate planning, or perhaps you are waiting until you have more “estate” to bother with, think again. By planning now what happens to your estate in the event of your death, you will be left with the peace of mind that comes with knowing that you have provided to the best of your ability for your children and your family.

We can help. Our estate planning experts will get to know you and help you plan for the future based on your particular needs and situation. We are happy to discuss, recommend, and offer useful research tools which will help you get your estate in order so that those that follow you won’t be unduly burdened with taxes, probate courts, government bureaucracy, end-of-life costs and other problems relating to inheritance.

Questions you might need help answering…

  • How does divorce or multiple marriages affect estate planning?
  • What happens when heirs are too young to inherit?
  • Are there children from multiple marriages or individuals who might challenge or interfere with estate planning?
  • How can an inheritance be protected from creditors of an heir?
  • How can you pass along your estate with the minimum of tax liability involved?
  • Who needs to be on your estate planning team?
  • Do you have all the proper paperwork in order, including wills, power of attorney, healthcare directives, and trusts?
  • How will your estate be taken care of in the event that you are incapacitated?
  • What are the processes for amending your estate plans as your situation changes?
  • How can you leave money to charities or other organizations?

This is one area where a do-it-yourself mentality might not be to your greatest benefit. Let us help guide you through the complexities and challenges of estate planning that are unique to each individual case.

Let Us Help:

Real Estate BRRRR Strategy Pros and Cons for Douglas County Investors

Before I discuss the real estate BRRRR strategy, let’s talk about a current pressing topic that’s going to fuel investment talk. With numbers released last week, one thing is very obvious: inflation is here, and it is a problem for most Douglas County taxpayers.At...

Bruce Fosdick’s Take on Paying Off Your Mortgage Early

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Bruce Fosdick’s Insights on How to Choose the Right Health Insurance Plan

November has officially begun.Decisions are upon us. All of the normal holiday decisions, like which Lego set to buy the little one or which relatives to invite (or not invite) for Thanksgiving dinner, are dancing through our heads as the seasons change.But not only...

Bruce Fosdick’s Primer on Sports Betting and Taxes

Just less than five years ago, certain sports figures were being threatened with suspension for even APPEARING at collectibles events in which a sports betting company was a sponsor.Now there is an NFL-endorsed provider of sports betting (for those states in which it...

Getting Started in Real Estate Investing: Some Tips for Douglas County Investors

Depending on what kind of news you're consuming these days or how much you're paying attention, you might not have been noticing the inflation signals that are popping all over the place. This does have implications for Douglas County taxpayers of all stripes -- and...

How Douglas County Retirees Can Maximize Social Security Benefits

We're almost there. Extended returns are due Friday, October 15th (for most - saving certain federally declared disaster areas). So, bear with us a little this week as we handle a bunch of last-minute things for the last-minute Douglas County people.But today, I...

Taxes for Teens: What Douglas County Parents Need to Teach Their First-Time Filers

Last week I talked about smart ways to launch your financial life for young people.And you know what is kind of hilarious? I forgot to talk about TAXES for Douglas County teens.Yes, yes I did.So, I'm fixing that today.Before I do: one more reminder that October 15th...

Bruce Fosdick’s Four Keys To Shape Your Financial Future During College

I wish I had been smarter about money when I was younger.(You too?)Now, when I observe the power of compounding interest, and the kinds of possibilities available to those Douglas County residents who have accumulated an asset base (however "small" it might seem) ......

Fixing Your Credit Score: How Douglas County Spenders Can Build Better Credit

We’re nearing the end of "extension season" around here at Bruce L. Fosdick, CPA, PC ... and it's been a doozy.With so many changes thrown at us, word on the tax professional street is there are going to be a lot of very tired and very grateful Douglas County CPAs and...

Buying a homeowner’s Insurance Policy: The What and the Why for Douglas County Homeowners

Click on the news right now and you’ll see: floods, storms, fires consuming whole states. And that’s not even taking into account the everyday crime from thieves or vandals that usually dominates the news. Seeing and hearing all of that, it’s easy to look around your...

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