When you begin delving into the task of divvying up your estate assets, you may find yourself in need of professional help, particularly since taxes are expected to increase during 2013. The best way to address the rising taxes and newly implemented rules is to enlist the help of an estate attorney who can provide you with the appropriate estate planning service you need—someone like Glen F. Buttacavoli. Being an experienced professional in elder care law, Glen F. Buttacavoli has helped many individuals throughout the Canton, Ohio and Alliance, Ohio areas draft living wills, plan their estates, and appoint a power of attorney. By scheduling an appointment at Glen F. Buttacavoli’s Massillon, Ohio office, you can take advantage of his knowledge and experience in order to plan your estate and ensure your loved ones are well taken care of after your passing.
Unfortunately, if you have yet to set up a plan as to how you would like your estate assets distributed, you may be unable to avoid the rising taxes that are to be implemented in 2013. In 2012, the federal gift and estate tax exemption was $5.12 million, allowing a married couple to remove as much as $10.24 million from their estate without having to pay an estate tax. However, under current law, this exemption is scheduled to shrink to $1 million this year.
What does this mean for you? Well, it means that there is much more to take into consideration when planning your estate. By approaching a professional estate attorney like Glen F. Buttacavoli, you can learn more about what these new taxes will mean for your estate and how much you will have to pay.
Many Canton and Alliance natives have gone to Buttacavoli for his estate planning services, and have found this local attorney to be a wealth of information. Having nearly three decades of experience in elder care law, Buttacavoli has made it his mission to stay on top of all changes in legal issues related to his clients. With the new rising taxes set for 2013, individuals in your position are worried about what, if any, taxes they will have to pay, as well as how they will be able to set aside funds for their loved ones. This knowledgeable elder law and estate attorney will work with you to craft a plan that fits your family. Glen F. Buttacavoli will make sure that your situation is thoroughly researched and all necessary paperwork is completed so you can feel confident that your family will be secure.
There are many facets of estate planning that you need to examine, especially with the changes that are coming this year. So, why not schedule an appointment with this Massillon area professional to make sure that everything is in order?
To find out more about Glen F. Buttacavoli’s estate planning services and how he can help you distribute your estate assets, give him a call at 330.830.0083. This local elder care law and estate attorney will walk you through the process so you understand what this task entails. Once you schedule an appointment to discuss your situation, simply take the trip from your Alliance, Ohio or Canton, Ohio home to 30 First St in Massillon, Ohio.