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Tips of the week!
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Legacy Tips of the Week
Legacy Tips of the Week
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Trivia Question❓ |
What percentage of people without an estate plan say they haven’t created one due to feeling it’s unnecessary? |
Answer at the bottom of the newsletter |
Estate Planning for Uncertain Times: Creating Stability for the Future |
In today’s uncertain world, estate planning has become more essential than ever. While the future may be unpredictable, taking steps now to organize and protect your assets can provide peace of mind and stability for your loved ones. Start by assessing your assets. This includes real estate, savings, investments, and personal property. A complete understanding of your wealth is the foundation for making informed decisions about how to distribute it. One of the most crucial elements of estate planning is a will. It ensures that your wishes are followed regarding the distribution of your assets, and can also include provisions for guardianship of minor children. If you already have a will, it’s essential to review it regularly, especially after significant life changes like marriage, the birth of a child, or acquiring new assets. In addition to a will, setting up power of attorney and health care directives is critical. These documents allow you to appoint someone to make financial and medical decisions on your behalf if you’re unable to do so. This step ensures that your affairs are handled in accordance with your wishes, even in the most challenging times. Trusts are another key component of estate planning. They can provide extra protection for your assets, ensure privacy, and avoid the lengthy probate process. Trusts are particularly valuable for individuals with complex financial needs or specific instructions for asset distribution. Taking the time to plan today can provide the security and stability your loved ones need for tomorrow. |
You're Invited! |
What happens to your loved ones if you don’t make it home tonight? No one likes to think about the worst-case scenario, but the truth is, only 33% of Americans have an estate plan in place to protect their families if the unthinkable happens. Even more Americans don’t have a plan in place to protect their minor children or grandchildren. Join Stan Miller, a nationally recognized estate attorney, for a free, educational Legacy Planning Lunch and Learn on the crucial topic of Guardianship. Register today! |
Are you sick of paying so much in taxes? Are you fed up with being told that all you can do is max out your 401k, and maybe buy some more equipment for your business (if you own one)? What if you could cut your taxes up to 40%? Register for this Year-End Tax Tips Virtual lunch and learn with CPA and Certified Tax Coach Gary Hedlt, and learn how to cut your taxes NOW before it’s too late. |
Discover how to protect your IRA and secure your financial legacy at our free virtual lunch and learn on Thursday, December 19th, 2024, from 2–3 PM Eastern. Learn strategies to avoid the “New Death Tax,” minimize tax exposure, and preserve your wealth for generations. Reserve your spot now—lunch is on us for the first 30 registrants! |
💡 Answer to Trivia Question: |