Estate Planning Expert in PA Matt Handwerk

 

 For retirees and people concerned about their real estate future to help you with any uncertainties in transferring wealth or business assets. Located in Lansdale, Montgomery Co.

Call Matt Now (267) 421 9602
* complimentary 30 minute consultation

A Qualified Estate Planning Expert

Estate planning is a complex area that needs a fundamental understanding of estate expenditures and asset management. It is important to understand the potential legal obstacles a client might face.

Protection of assets

Protecting your assets is important to give your family and yourself a secure future. With the right estate planning strategies, individuals can maximize their assets’ value for the long-term future.

Reducing Taxes

Currently, the federal estate tax sits at 40%. With the right state planning, we can create a plan that will benefit your beneficiaries or charitable causes the individual cares about. By doing that, you will also reduce the percentage amount that will go to the government and support social causes directly.

What is Estate Planning?

Estate planning is the preparation of activities that will help you handle an individual’s assets in the event of their death or incapacitation. Your assets consist of everything you possess, like your car, house, apartment, other real estates, checking and savings accounts, investments, life insurance, furniture, and other personal possessions. It doesn’t matter if it is large or modest; everyone has assets that you cannot take with you when you die.

An estate planning strategy includes determining how an individual’s assets will be preserved, managed, or distributed. To make sure that your wishes are accomplished, you need to provide instructions stating to whom you want to receive something of yours, what you want them to receive, and when they are to receive it. The idea of an estate planning strategy is to make this happen with the least amount paid in legal fees, court costs, or taxes.

In summary, estate planning is making a plan for the long-term future, naming organizations, family members, or other people; you want to receive the things you own after you die. It also works if you want to plan a special needs trust for your own benefit due to personal injury.

Why is Estate Planning important?

Despite what most people believe, estate planning is not only for wealthy people. As we mentioned before, everyone has possessions, and estate planning will also benefit those with modest assets.

Without an estate plan, the courts usually decide who gets your assets. This process can take many years, increase fees, and get really messy and complicated to handle. So, making sure that your belongings will go to the right person is important.

Estate planning will also help you to protect your loved ones. Not only financially but also if something happens to you and you want people you trust to take care of your children. Without a will that names their future guardians, the court will decide who will raise your children.

Another important thing about estate planning is that it goes beyond the will. You can also provide medical instructions to figure the medical treatment you want or if you become incapacitated.

The earlier, the better. You don’t have to be a senior to start with estate planning. We suggest doing estate planning as soon as you get married or have your first kid, which will help secure their future and be less worried. Remember to check your plan now and then or after major life changes in case you do it.

What does a estate planning checklist look like:

 

  • Last will and testament
  • Beneficiary designations
  • Healthcare power of attorney
  • Durable power of attorney
  • Letter of intent
  • Guardianship designations
  • Beneficiary designations
  • Asset ownership 
  • Living trust
  • Statement of desires 

Getting help with estate planning in Pennsylvania:

Unlike many traditional accountants, our team at Advanced Accounting and Tax Solutions has broad experience in crypto tax when trading or staking, liquidity mining, accounting for participation in multiple yield farming pools.

Our team at Advanced Accounting and Tax Solutions has broad experience in Estate Planning. We will help you to manage a strategy that takes care of all your needs and wishes. We know how important the designation of your possessions is. We can assure you that protecting you and your loved ones is one of our priorities.

For more help on advice on planning, managing, and preparing for taxation or if you need help with IRS audits, feel free to contact us.

 

  • Mutual funds
  • Deductible tax
  • Wealth management
  • Digital asset
  • Last will and testament
  • Revocable trust
  • Living trust cost
  • Will preparation
  • Asset protection
  • Trust and estate planning
  • Legacy trust
  • Trust inheritance

Contact Us

To help us best serve your inquiry, we recommend that you first describe the issue you’re having and telling me what you want to achieve. You may also email or call us to make an appointment.

Complimentary initial consultations are provided by Advanced Accounting and Tax Solutions to discuss the scope of your cryptocurrency project. We are based in Lansdale, Montgomery country, PA but work with clients from anywhere in the United States.

Our general response time is just one business day.

    Email Us

    Matt@advats.com

    A qualified certified accountant Lansdale, PA. 

    Call Us
    (267) 421 9602

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    2293 Locust Dr, Lansdale, PA 19446.   

    At this time, we do not accept walk-in appointments.

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