Stuart Bollefer's profile

Estate Planning of Assets

A graduate of the University of Toronto, CA, Stuart Bollefer is an experienced attorney with a juris doctor and is currently serving as a partner at Aird & Berlis LLP. At the firm, Stuart Bollefer serves clients in need of tax and estate planning.

Estate planning is the preparation of assets in the event of an individual's death. It involves passing the assets to a successor that can take care of them and manage them, as well as settling the estate taxes for the assets. Assets can include many things such as cars, properties, debt, insurance, and others. It is a way of providing for the family after an individual's death and can be used in many ways such as charities or funding to grandchildren. One of the most common forms of estate planning involves a will. A person can also create trust accounts for their beneficiaries and avoid or limit estate taxes.

Writing the will involves naming an executor of the will who is supposed to carry the tasks and beneficiaries that will receive assets.
Estate Planning of Assets
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Estate Planning of Assets

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