Estate Planning

By: Risk Free retirement Planners  04/23/2015
Keywords: Estate Planning

People sometimes have a hard time pinning down exactly what estate planning is and what it does. We take a fairly broad view. Our goal is to help you find your dream life. For you...and your family. An estate plan forms the legal foundation supporting the three most important things in life: your health, your family, and your assets. The right planning gives you the confidence that you will be able to deal with whatever happens along the way. What An Estate Plan Can Do For You? Before coming to our office, many of our clients knew they needed an estate plan. But they didn't knew precisely why it was important or what it would do for them and their families. So let's start there. Why is an estate plan important? What can it do to help you and your family? When you design your own estate plan, you can: • Choose the people who you want to help you in various roles (we call them "helpers"). Your estate plan helpers include: 1) Property agents can manage your property and affairs if you become incapacitated 2) Health care agents can make your health care decisions if you become incapacitated 3) Guardians will care for your minor children if you're not able to 4) Executors manage the administration of your estate in Probate Court 5) Trustees manage the administration of your living trust when you pass away • Decide who will receive your money and assets when you die and how they will receive it • Keep your estate out of probate — a very public, inflexible, and often expensive court process • Protect the inheritance you leave to your spouse or children from divorce, creditors, and lawsuits • Leave money or assets to a special needs relative without ruining their eligibility for benefits programs • Make sure that the inheritance you leave your spouse or children stays within your bloodline and won't be lost by a later remarriage • Maximize the amount you can pass on to your children without paying estate taxes While this list only scratches the surface, it gives you an idea of the impact that an estate plan can have on your family.

Keywords: Estate Planning

Contact Risk Free retirement Planners

Email

Print this page

Other products and services from Risk Free retirement Planners

04/23/2015

Tax Advisory

Our firm offers professional preparation of all federal, state, and local tax returns at competitive affordable rates.


04/23/2015

Social Security

We can help consumers work through plans for retirement, including Social Security, while smoothing out potential surprises and bumps in the road.


04/23/2015

Safe Money Options

Let us introduce you to a safe money option that could be suitable for some of your retirement money.


04/23/2015

Retirement Income Strategies

Retirement Income Planning helps your nest egg to potentially last 25 to 30 years.


04/23/2015

Retirement Income Planning

We can help you design a guaranteed* retirement income strategy which incorporates insurance and annuity vehicles to create opportunities for long-term growth as well as guarantee income throughout your retirement.


04/23/2015

Medicare Supplement

Our Medicare Supplement Insurance policies can help pay some of your health care costs, including hospital care and doctors' visits.


04/23/2015

Medicare & Health Insurance

Medicare Advantage Plans include the health care benefits of an HMO, PPO or a POS plan and prescription drug coverage.


04/23/2015

Lifetime Income Planning

We can help to develop retirement income plans that you can work with and not outlive.


04/23/2015

Long Term Care Planning

Long Term Care Planning helps to protect you against a 70% healthcare probability.


04/23/2015

Life Insurance

Life Insurance provides the basis for your overall financial strategy and allows you to plan for the future.


04/23/2015

IRA Asset Planning

If you don't anticipate needing your IRA money in retirement, you may wish to consider a legacy planning strategy to reduce taxes and increase the payout your beneficiaries will receive upon your death.


04/23/2015

IRA & 401(K) Assets

When you change jobs or retire, there are four things you can generally do with the assets in your employer-sponsored retirement plan:


04/23/2015

Indexed Universal Life Insurance

An indexed universal life insurance has the benefits of traditional universal life plus the potential for greater growth in your policy value.


04/23/2015

Final Expense Life Insurance

Our life insurance products provide you with affordable rates and an immediate decision at the point-of-sale.


04/23/2015

College Funding

The cost of this goal has skyrocketed in recent years. We have developed an expertise in the area to help