Dariusz Godlewski
Founder, Financial Wealth Alliance
Dariuszs goals for his clients are:
- Asset Optimization
- Safety of assets
- Tax favored status
- Liquidity
- Better than average returns
- Protection for nursing home care
- By-passing probate
- Debt elimination strategies
- Customized financial strategies
ABOUT DARIUSZ
There are many issues that affect people financially; however, very few advisors are aware of how these issues can be solved. Financial Wealth Alliance' founder and president, Dariusz Godlewski, understands those issues and the solutions to these problems .
Dariusz has a weekly radio show that educates the Polish community in the Chicago area on financial matters. "I think there is a huge need for financial education, especially in these tough times where people are confused and not at all sure about their financial future".
Attorney’s fees, executor’s fees, and advertising
all account for charges that can add up to 10% to the cost of probate.
The executor can charge up to 5% of the estate value. In addition, taxes
can take up to 55% of some assets if planning is not done properly.
If
everything goes smoothly it can be as quick as a couple of months. It
has been estimated that the average is a little over 9 months. Probating
an estate while one of the spouses is survived goes much quicker. When
you pass assets out of the marriage union it can take considerably
longer.
Because the process includes public announcements
and a court process, anyone who wants to know the details can check them
out. A simple trip to the courthouse or as in some states, you can pull
the information up on the computer in your living room.
At
anytime during the probate process, anyone can contest the ownership of
the deceased assets. Once a claim is filled all assets are frozen and
each side (the one making the claim and the executor of the estate) must
prove their side, to carry out the transfer of the estate. Once this
happens the other three issues can increase dramatically.
