Jayson Lowe explains why having the right advisors matters for estate planning and tax liability when you die. If assets are owned by a corporation, taxes can get extremely complicated and expensive without proper guidance.
Tax liability at death does not go away. And it actually could be a little bit worse if you don't have the right advisors. Before my career coming into the estate planning industry as a tax practitioner, all I did was advise on these types of structures and really the task to get extremely nasty when you have assets owned by a corporation. I don't want to scare you. I just want to tell you that you need the right advice when it comes to.
