A graduate of Albany Law School in New York, Michael Fish led the Student Bar Association philanthropy committee and interned with Northwestern Mutual, where was named a Top 5 intern out of 3500 across the country. Albany, New York-based Michael Fish is experienced in guiding clients in retirement savings and estate planning strategies.
While it’s not as enjoyable as planning for a vacation, estate planning helps reserve money for important causes or institutions and ensures that children and grandchildren are not left with a financial burden. First, proper estate planning protects your loved ones. If you die without a will, the court will decide how all assets are distributed, and this process can be stressful for survivors as well as expensive.
Careful planning will also let you transfer assets to heirs with a minimum tax burden.
A tailored, tax-efficient plan allows individuals to designate money to causes that matter to them, leaving a meaningful legacy instead of seeing a large portion of one’s personal wealth go to various tax agencies.
While it’s not as enjoyable as planning for a vacation, estate planning helps reserve money for important causes or institutions and ensures that children and grandchildren are not left with a financial burden. First, proper estate planning protects your loved ones. If you die without a will, the court will decide how all assets are distributed, and this process can be stressful for survivors as well as expensive.
Careful planning will also let you transfer assets to heirs with a minimum tax burden.
A tailored, tax-efficient plan allows individuals to designate money to causes that matter to them, leaving a meaningful legacy instead of seeing a large portion of one’s personal wealth go to various tax agencies.
