If you’ve worked hard to build wealth, you may know exactly how it should be distributed after you’re gone. Without a carefully written will and the guidance of a skilled professional, your property could be divided according to the laws of the state, and your heirs could face serious tax liabilities. The accountant at Joe Heard, CPA, in Checotah, OK, has the expertise to help protect your assets and loved ones.

Comprehensive Estate Planning

After carefully evaluating your financial position, Mr. Heard will draw up a will that makes your intentions legally enforceable, in clear language that leaves no room for ambiguity or uncertainty. Even if your heirs disagree with the decisions, a professionally drafted will prevents the intense conflicts that often tears families apart, while ensuring the assets go to the individuals you choose.

Strategies

This accomplished accountant will also provide valuable insight into the complexities of the tax code and recommend strategies for minimizing the taxes and fees your beneficiaries might have to pay. For instance, you could avoid taxes and the entire probate process by establishing a trust, which offers special benefits in certain situations. At other times, donating a significant portion of the estate to a charitable organization has sizable tax advantages. Mr. Heard will also ensure that your estate has enough liquid assets on hand to pay any taxes your heirs do incur, so they won’t be forced to sell the belongings left behind. 

Joe Heard, CPA, has over 15 years’ experience with the tax code and estate planning. Regardless of your circumstances, he is committed to building a lifelong partnership, so you achieve your financial goals. Visit his website to learn more about his services, or call (918) 473-1492 for an appointment with this knowledgeable accountant today.