Do you need to think about estate planning? If you're like the typical middle-income retiree, you probably think that estate planning isn't something you have to worry about. In fact, there are many reasons that everyone should at least think about estate planning and asset protection. CLA Estate Services provides education to seniors and retirees about estate planning and asset protection to help seniors make important and realistic decisions about their estates and their assets. CLA Financial Services focus on teaching seniors how to evaluate their assets, determine their needs and create an estate plan to ensure that their assets are allocated in the way that they feel is best.
Why Estate Planning Is Important
Estate planning is more than making a will. It involves making sure that your assets are designated and distributed in a way that protects their value and allows you to transfer the maximum possible value to your heirs upon your death. A good estate plan can protect your assets from undue taxes, avoid or minimize probate, ensure ongoing care and support for those who count on you and reduce the burdens that may fall upon your surviving spouse or children when you are unable to make decisions about your money and its transfer.
Who Should Consider Estate Planning
If you're uncertain about whether you need to think about estate planning, ask yourself these questions.
* Who do you want to control your estate in the event you become incapacitated or are no longer able to care for yourself, you or a Judge?
* Do you have people who rely on your financial assistance, such as a spouse, children or a disabled relative? What will happen to them if your estate is tied up in probate or reduced by taxes?
* Do you want to determine which of your heirs receives your possessions and assets upon your death?
* Do you want to ensure that your assets - including bank accounts, insurance benefits, stocks, etc. - are transferred to their intended recipients as easily and quickly as possible?
* Do you want to direct at what age your children receive their inheritance or ensure that it's preserved for them?
There are many ways to preserve your assets, ensure that you'll have the resources you need throughout your life and provide for their orderly transfer to your intended heirs upon your death. It's vital that you have the advice of your attorney and/or accountant when making any decisions about your finances and assets. At CLA Financial Services, we help provide you with the information you need to make decisions, ask the right questions and assist you in implementing your estate plan.
If you've never thought about estate planning or asset financial advice before, a CLA Estate Services agent can help you start planning and organizing your estate so that you know which decisions you have to make. Don't leave your family's future to chance. An estate plan can make all the difference in the world.
Why Estate Planning Is Important
Estate planning is more than making a will. It involves making sure that your assets are designated and distributed in a way that protects their value and allows you to transfer the maximum possible value to your heirs upon your death. A good estate plan can protect your assets from undue taxes, avoid or minimize probate, ensure ongoing care and support for those who count on you and reduce the burdens that may fall upon your surviving spouse or children when you are unable to make decisions about your money and its transfer.
Who Should Consider Estate Planning
If you're uncertain about whether you need to think about estate planning, ask yourself these questions.
* Who do you want to control your estate in the event you become incapacitated or are no longer able to care for yourself, you or a Judge?
* Do you have people who rely on your financial assistance, such as a spouse, children or a disabled relative? What will happen to them if your estate is tied up in probate or reduced by taxes?
* Do you want to determine which of your heirs receives your possessions and assets upon your death?
* Do you want to ensure that your assets - including bank accounts, insurance benefits, stocks, etc. - are transferred to their intended recipients as easily and quickly as possible?
* Do you want to direct at what age your children receive their inheritance or ensure that it's preserved for them?
There are many ways to preserve your assets, ensure that you'll have the resources you need throughout your life and provide for their orderly transfer to your intended heirs upon your death. It's vital that you have the advice of your attorney and/or accountant when making any decisions about your finances and assets. At CLA Financial Services, we help provide you with the information you need to make decisions, ask the right questions and assist you in implementing your estate plan.
If you've never thought about estate planning or asset financial advice before, a CLA Estate Services agent can help you start planning and organizing your estate so that you know which decisions you have to make. Don't leave your family's future to chance. An estate plan can make all the difference in the world.
Great article for learning about Estate Planning. This information is very useful for those people who think about estate planning and asset protection. Very important point are mention in this article. Thanks for sharing these information.
ReplyDeleteChris Schlegel The Financial Corp