Estate Planning: How to Prepare and Things to Consider

Estate Planning: How to Prepare and Things to Consider

Heather Gunderson, CPA and Shareholder in Cedar Valley, Iowa joins Adam to talk about estate planning. At the end of the day, we all have stuff, and estate planning in its simplest terms is helping clients determine where their stuff will go when they pass away. Heather and Adam spend some time breaking down how everyone needs to have these planning conversations to ensure a person’s assets are allocated how they wish and their financial picture is considered to maximize tax savings.

An additional element of estate planning complexity enters when considering taxes and other regulations surrounding gifting, estates and exemptions. And of course the political climate plays a big role in the landscape of estate planning and what kind of taxes and regulations are put into place. Heather spends some time walking through what a typical estate planning engagement could look like when bringing all of your advisors together including auditors, financial advisors, lawyers and CPAs. Thanks for listening! For more information you can contact our team at bergankdv.com/contact.

 

The views and opinions expressed in this podcast are those of BerganKDV Wealth Management and are subject to change at any time. The content herein is general and educational in nature and should not be considered legal or tax advice. We recommend that your consult with an attorney, tax or investment professional regarding your specific situation. Investment advisory services and fee-based planning offered through BerganKDV Wealth Management, an SEC Registered Investment Advisor.

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