Downsizing
Learn how downsizing simplifies estate planning by reducing assets, lowering costs, and streamlining distribution to beneficiaries and heirs.
What are the estate planning benefits of downsizing before creating a trust?
Downsizing before establishing a trust can simplify asset management and reduce administrative complexity. Fewer assets typically mean lower maintenance costs, reduced tax implications, and easier distribution processes for beneficiaries. This approach can also help families focus their estate planning on their most valuable and meaningful assets.
