Like it or not, tax season is upon us. While you are pouring over the numbers from the year that was, it is a good time to be thinking about what you plan to do with the operation in the years to come.
AARP’s Sean Voskuhl says tax season is the best time to be doing estate planning because you are already looking at many of the important documents you will need to do both.
This is not a solo endeavor. It takes a whole team to make the plan work. Good communication is the key everything is based upon.
Just like with your taxes, Voskuhl says you need to have expert advice when planning for the future. Your tax accountant may even have recommendations of who to put on your team.
Planning and understanding now can make the transitions easier in the years to come.