Even financial professionals, such as CPAs and financial advisors, could use some help creating a beneficial estate plan. Not only does this ensure your wishes are implemented exactly as you intend, but it also provides your loved ones with a roadmap if you become incapacitated or pass away.
CPAs and financial advisors can learn more about estate planning from the legal team at Veliz & Associates, P.A. There is a reason our firm is a nationally recognized leader in the field. After working hard on your career and achieving great success, let us show you how to properly preserve assets for your family with a well-executed estate plan.
High-net-worth individuals need a comprehensive estate plan that protects their assets and preserves their legacy. Estate planning is all about providing for a client’s future by setting up trusts and other tools. Financial professionals understand that safeguarding their estate is paramount, and protecting wealth and property ensures that these assets can be distributed to beneficiaries. It also protects assets from unforeseen circumstances, such as creditors, lawsuits, and disputes among heirs.
CPAs are well-versed at navigating Florida’s estate taxes, but a financial advisor may not be. Our attorneys understand that while in Florida there are no state taxes related to estates, federal taxes may still apply. A qualified lawyer could design a plan that minimizes the tax burden on their client’s beneficiaries. The goal is to preserve more of an individual’s estate for their heirs, and strategies such as trust formation could be instrumental in achieving that objective.
Wealthy individuals want to create a lasting legacy, and an estate plan ensures their final wishes are executed as intended. The peace of mind that comes with a comprehensive strategy for the future is priceless. CPAs and financial advisors can maintain control over management of their assets while providing clear instructions about how these should be used during incapacitation and distributed after their death.
We ensure compliance with Florida’s legal requirements and ultimately facilitate the transfer of an individual’s assets after death. For an attorney, collaborating with a financial professional on the latter’s estate planning has its benefits.
Financial advisors can develop investment and risk management strategies that achieve their goals, while a CPA can reduce tax liabilities. Getting help from an attorney to address both the legal and financial aspects of your estate plan could help minimize future complications for loved ones, especially if you have a complex financial situation.
We understand that as a tax and financial expert, you have the skills to manage some parts of your estate plan. We invite you to collaborate with Veliz & Associates, P.A. to manage the legal aspects of creating your Will or trust so you can rest assured it is done right. Contact us today and learn how our estate planning for CPAs and financial advisors simplifies your future.
We evaluate your case and determine how we might be able to help.
We will meet with you to discuss your next options and lay out a plan.
Our team guides you throughout the process so you feel confident about your choices.
(305) 250-9917