Andrew Corbman Here to Ensure The Fair Transfer Of Your Estate

LANSDOWNE, Va., July 13, 2018 /PRNewswire/ -- Everyone needs to plan for the inevitable, and no one wants their legacy to be marred by egregious estate taxes. With his financial planning firm, Andrew Corbman implements comprehensive and dependable strategies for people approaching their retirement as well as estate and legacy planning.

With a degree in finance obtained from the University of Maryland in 1994, Andrew Corbman has extensive experience when it comes to planning for one's fiscal future. He understands how important it is to have financial security in the event of an unexpected life event.

Estate Planning

No one wants to think about death, but it's an inevitable occurrence which we must all face. For that reason it's prudent to have your affairs set in order in the event that something happens. This is called "estate planning" or "legacy planning", and also includes the management of your properties and assets, as well as any ongoing financial obligations a person has at the time of their death. It's important to plan for this. On the most basic level this involves writing a will.

There are various reasons for planning an estate, and it differs from person to person. Preserving family wealth, ensuring that your children or spouse are provided for, funding your family's education, donating to charitable causes - these are all viable options.

Estate Planning Tasks

Dividing up and estate and managing someone's affairs can be a time-consuming and complicated manner. Firms such as Andrew Corbman's tackle the complex bureaucracy behind this, easing the burden of family and assisting with the associated financial tasks.

These include:

• Setting up funeral arrangements
• Establishing a guardian for dependents (if this is the case)
• Reducing state taxes by setting up trust accounts
• Creating beneficiaries for ongoing plans such as life insurance, IRAs and 401(k)s.
• Arranging for charitable gifting to reduce the amount to which an estate can be taxed

Andrew Corbman wants to make a significant difference in the lives of his clients. By advising and counseling them on the various strategies available, he can ensure that in the event of a death an estate will be managed in the most efficient way possible.

To connect with Andrew Corbman, you can reach out to him on Linkedin.

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SOURCE Andrew Corbman