Cecil Kilpin | September 2017 Newsletter

By |2022-01-21T11:06:48+02:00September 7th, 2017|Accounting, Business, Finance + Economics, Tax|

WHAT IS ESTATE PLANNING? “In the world, nothing can be said to be certain, except death and taxes” Benjamin Franklin So, with absolute certainty we know we can plan for this event! In today’s world planning for death is only part of this complex and dynamic process. Below is a brief outline of the estate planning process: An ‘estate’ comprises the assets and liabilities that an estate planner accumulates during their lifetime, and which they leave behind at their death ‘Estate planning’ has been defined as the process of creating and managing a program that is designed to: Preserve, increase and protect an estate planner’s assets during their lifetime; Ensure the most effective and beneficial distribution thereof to succeeding generations on death, and in accordance [...]