Estate planning involves more than simply making a will.
It involves making effective preparations to ensure that your wishes regarding the transfer and allocation of your property are strictly followed.
Estate includes:
- real estate property;
- your personal property (cash, stocks and bonds, mutual funds, stock options, furniture, jewellery, art, collectibles, yachts, cars, etc.);
- your business and business property (goodwill, inventory, tools and equipment, accounts receivable, etc.);
- life insurance, pension benefits, etc.
There are numerous reasons to consider estate planning carefully, particularly if you want to:
- be sure your assets are distributed as you wish;
- distribute the maximum amount possible to your appointed beneficiaries, as quickly as possible;
- be sure that each beneficiary's specific needs are met;
- ensure that a family business stays in the family.
Estate planning reduces potential taxes and fees and largely safeguards the amount available to your beneficiaries.
Obviously, it has to be thoroughly thought over and requires rigorous planning. MeesPierson Curaçao has the in-house specialists and experts to help you set up the most appropriate strategy.