Estate Planning

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What is Estate Planning?

The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death.

Investopedia Commentary

Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the rich!

Almost three quarters of Americans die without any sort of estate planning.

"Why is Estate Planning so important?"

Estate Planning helps bring an comfort in knowing that your estate will be handled properly and the way you would like it to handled. It takes the guess work out for your love ones left behind.

"What is included in Estate Planning?"

Estate Planning may the following components:

• A plan to maintain or enhance
the individuals financial security.
• A plan to increase
the individuals overall estate while conserving the existing assets.
• A plan that provides
for financial security for the individual upon retirement.
• A plan that provides
for an orderly distribution of assets upon the individual's death.

Summit Trust has many services to help you with.
- Business Planning
- Retirement Planning
- Estate Planning

Contact Summit Trust to establish your Estate Planning, through their webite at www.summittrust.com.