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What Is the Role of a CPA in Estate Planning?

Without a doubt, estate planning is best done with the help of a team of professionals working together. Some key players for an estate planning team include attorneys, investment advisors, insurance agents, bank trust officers, and CPAs.

Estate Planning

Tax Knowledge

Future Expectations

Future Expectations

 

A CPA can bring his or her knowledge of taxes to the table to ensure you create a proper estate plan.  This will help minimize the taxes and maximize the portion of your estate that will be passed down to your beneficiaries. 

Future Expectations

Future Expectations

Future Expectations

A CPA will be able to help you with the estate planning process giving you reasonable future expectations for your estate. As stated above, many people don’t see the need of creating an estate plan because they don’t believe they have a sizable estate. However, it is possible that an estate of modest value today could become very signific

A CPA will be able to help you with the estate planning process giving you reasonable future expectations for your estate. As stated above, many people don’t see the need of creating an estate plan because they don’t believe they have a sizable estate. However, it is possible that an estate of modest value today could become very significant by the time you leave it to someone else.  A CPA can help you make some decisions now to limit the tax liabilities in the future.

Leave a Legacy

Future Expectations

Leave a Legacy

An estate plan is one of those things that you should do sooner rather than later. The fact that an individual can die at any time is a sobering but true fact. If you want to learn more about the importance of CPA estate planning, contact us here at H. Johnson CPA. We offer a full range of accounting and consulting services at reasonable cost. 


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