ຂ້ອຍແມ່ນ High Net Worth. ຂ້ອຍຄວນເລີ່ມຕົ້ນການວາງແຜນອະສັງຫາລິມະສັບແນວໃດ?

ຖ້າຫາກວ່າທ່ານມີ ມູນຄ່າສຸດທິສູງ, it’s important to have a good estate plan in place. While putting these plans together can be tricky no matter the circumstances, things get more complicated if you have a high net worth. There is a lot to think about, including estate taxes, trusts and gifting. We’ll take a look at some of the best strategies to consider so you won’t have to worry about what will happen when you’re gone.

For help with planning your estate, consider ເຮັດວຽກກັບທີ່ປຶກສາທາງດ້ານການເງິນ.

Establish a Trust

For high-net-worth individuals, establishing a ເຊື່ອຫມັ້ນ is an essential step in protecting your wealth. Trusts provide a number of benefits, including passing your wealth to your children and other beneficiaries. Trusts also keep your records private and allow you to avoid probate court when your assets are distributed.

There are multiple kinds of trusts, but you will most frequently hear about revocable living trusts ແລະ ຄວາມໄວ້ວາງໃຈທີ່ບໍ່ສາມາດຖອດຖອນໄດ້. Revocable living trusts, as their name implies, allow you to remain in control of the trust while you are still alive. This means you can make various changes, including naming beneficiaries and managing funds in the trust.

Irrevocable living trusts, then, are what remains after you die. A revocable trust becomes irrevocable at that point and can no longer be changed, but you can appoint a successor trustee to manage the trust for you while you are still alive.

Selecting Trustees and Beneficiaries

The trustee is the person or entity that manages the trust and has legal title to it. You can be your own trustee, or you can appoint a third party; multiple people can also be trustees. Who acts as trustee is up to you; you can act as your own trustee or appoint someone. For instance, if you don’t feel you have the expertise needed to manage it, you can hire someone to do that for you.

Minimizing Taxes

Much of the strategy that goes into estate planning revolves around tax minimization. This is because ພາສີອະສັງຫາລິມະສັບ has a top rate of 40%. If you are a high-net-worth individual, at least some of your estate can be taxed at that rate if you aren’t careful. These strategies will help you minimize the amount of tax that is charged to your estate.

ເລື່ອງຍັງສືບຕໍ່

ການໃຫ້ຂອງຂວັນ

Gifting can be an effective way to reduce the taxes against your estate. This can be an effective strategy for those with a high net worth. The Tax Cuts and Jobs Act increased the lifetime federal gift and estate tax exemption to $12.06 million per individual for 2022. For married couples, the amount is $24.12 million.

You can give a gift of $16,000 per year, per person under this exemption. There is no limit to the number of people who can receive gifts from you. If you give more than the exemption amount to someone, the first $16,000 is exempt. However, gift amounts above $16,000 will be taxed at a rate of 40%. Note that the same total also applies to estate tax exemptions, so the gifts you give will reduce your estate tax exemption.

ການໃຫ້ກຸສົນ

Giving to charity can be a great way to leave a legacy – but it can also reduce the amount of taxes you owe. You can do this by establishing a charitable remainder trust (CRT) or charitable lead trust (CLT), for example. You can also list a charity as the beneficiary of your estate. Leaving a part of your estate to a charity may reduce capital gains tax as well as income tax and can help you reduce your estate tax as well.

ຢ່າພາດຂ່າວທີ່ອາດຈະສົ່ງຜົນກະທົບຕໍ່ການເງິນຂອງເຈົ້າ. ໄດ້ຮັບຂ່າວແລະຄໍາແນະນໍາ ເພື່ອຕັດສິນໃຈທາງດ້ານການເງິນທີ່ສະຫລາດກວ່າດ້ວຍອີເມວເຄິ່ງອາທິດຂອງ SmartAsset. ມັນບໍ່ເສຍຄ່າ 100% ແລະທ່ານສາມາດຍົກເລີກການເປັນສະມາຊິກໄດ້ທຸກເວລາ. ລົງທະບຽນມື້ນີ້.

ປະກັນຊີວິດ

ປະກັນຊີວິດ is more than just a way to reduce the financial burden on your loved ones after you die. Indeed, life insurance can also help lower your estate tax. Those with a high net worth often have significant value tied up in real estate and businesses. Fortunately, a properly structured life insurance plan can cover most of the tax that would normally be charged against these assets.

Incapacitation Planning

One of the necessary parts of planning your estate is planning for incapacitation. While it may not be much fun to think about, choosing people to make decisions on your behalf will ensure your family isn’t left to make difficult decisions for you. Instead, you can work with an attorney to put a plan together.

That should include selecting a durable power of attorney, financial power of attorney and medical power of attorney. You will also want a ກົດ ໝາຍ ວ່າດ້ວຍການປະກັນສຸຂະພາບແລະຄວາມຮັບຜິດຊອບ (HIPAA) release agent who can access your medical records when needed.

ສາຍທາງລຸ່ມ

People sometimes put off planning their estate, but the sooner you get through the process, the better. Having a proper estate plan will reduce the financial burden on your loved ones while also ensuring they aren’t left to make difficult decisions when you are gone. It can also ensure your estate is handled according to your wishes. Failing to have a plan in place could result in courts making decisions for you.

ຄຳ ແນະ ນຳ ສຳ ລັບການວາງແຜນອະສັງຫາລິມະສັບ

• If you have investments, they may be subject to capital gains if they are sold. Estimate those taxes with SmartAsset’s ເຄື່ອງຄິດໄລ່ພາສີອາກອນກໍາໄລ.

• A financial advisor can help you with estate planning regardless of your net worth. Finding a qualified financial advisor doesn’t have to be hard. ເຄື່ອງມືທີ່ບໍ່ເສຍຄ່າຂອງ SmartAsset ກົງກັບທີ່ປຶກສາດ້ານການເງິນເຖິງສາມຄົນທີ່ໃຫ້ບໍລິການໃນພື້ນທີ່ຂອງເຈົ້າ, ແລະເຈົ້າສາມາດສໍາພາດທີ່ປຶກສາຂອງເຈົ້າກົງກັນໂດຍບໍ່ມີຄ່າໃຊ້ຈ່າຍເພື່ອຕັດສິນໃຈວ່າອັນໃດທີ່ເຫມາະສົມສໍາລັບເຈົ້າ. ຖ້າທ່ານພ້ອມທີ່ຈະຊອກຫາທີ່ປຶກສາທີ່ສາມາດຊ່ວຍໃຫ້ທ່ານບັນລຸເປົ້າຫມາຍທາງດ້ານການເງິນຂອງທ່ານ, ເລີ່ມຕົ້ນດຽວນີ້.

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ຕໍານານ High-Net-Worth Estate Planning: 2022 Guide ປາກົດຕົວຄັ້ງທໍາອິດ Blog SmartAsset.