"Thank you so much for helping me get through a “terrible” situation! I’ve never dealt with the IRS before and found it quite intimidating! Thank you. "
- Ray O. | TestimonialsA person who dies with a will is said to have died testate, if a person dies without a will is said to have died intestate. When an individual dies intestate, his property will be distributed according to the state’s intestacy statutes. Stated another way, every individual has a will, whether they realize it or not.
Whenever a person dies, his or her estate must be collected and managed. Estate Administration involves managing assets, paying the debts, keeping accurate records and giving a property accounting to the beneficiaries. This process may be formal or informal depending on if the decedent had an estate plan in place.
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It is very important that your estate planner understands your present situation and your wishes for the future. This information enables us to plan the estate to accomplish future goals and to save on taxes and administrative expenses.
Estate planning is easy to procrastinate on. Protect your assets from unnecessary tax and administrative expenses and delays. Call Duncan Law | Duncan Tax to arrange a personal consultation. Your family will thank you for it.
