Consolidating estate assets under a solid financial structure ensures that both family members and beneficiaries will not be affected by potential liabilities, legal issues and/or family conflicts.
The benefit of having a succession plan is clear: StateTrust Life & Annuities provides the best plan for you to insure your children or beneficiaries through an orderly, rational process of asset transfers.A secondary set of benefits involves avoiding the high costs associated with succession. There are several issues at stake when transferring assets:
- Attorneys’ fees
- Verification of letter of wishes.
- Repayment of debts and taxes upon death.