Estate Planning
Estate planning involves the efficient management and transfer of one’s estate upon their death. It may involve a will, trusts, life insurance, probate, and other means for the distribution of assets.
You can ensure your intentions and wishes are honored by planning ahead.
You don’t need to be wealthy to have an estate plan, it applies to everybody.
Wealth Transfer and Probate
When most people think of estate planning, they tend to focus on probate and the distribution of an one’s assets and property at their death.
While this is a component of estate planning, there’s much more that a person can do to ensure their intentions and wishes are honored.
For instance, in the case of mental incapacity, who makes the decisions? If there are young children, who will tend to their needs?
A prudent estate plan will consider a medical directive, a will, and perhaps trusts and powers of attorney. At the least, your financial planning should include a discussion of current estate laws, tax laws, and an explanation of how probate works.
Creating an estate plan or charitable giving plan will ensure that unnecessary wealth transfers are minimized, and assets are passed on to heirs with the best possible tax consequences.
The best time to plan is before you have to.
Our Unique Consultation
Take advantage of our no cost, no-obligation, Financial Planning Consultation that will show you in 45 minutes how you could benefit from an estate plan tailored to your unique circumstances.
In this short financial consultation, we can show you how to protect your family, heirs, and assets properly from predators and wealth transfers.
During your consultation, you will learn:
- How to utilize life insurance to provide for your family and estate.
- How to maximize the benefits for your heirs.
- How to ensure that your wealth transfers to your heirs in the manner that you choose.
- How to minimize the effect of federal and/or state taxes on your estate.
- How to guarantee that your estate settlement costs are paid, without risking your family’s inheritance.
Request a complimentary consultation to learn, how to optimize your estate, and protect your loved ones.
Meet online or in person. Follow this link to schedule your financial consultation