What Role does the Insurance Specialist have in Estate Planning?

October 01, 2015

Many advisors use life and long term care insurance as tools in an estate plan. Life insurance may be used for income replacement at the death or disability of a breadwinner, as a way to create an inheritance, to replace assets that are given to charity, or to pay estate taxes. Long term care insurance… Read more »

What are the Costs of Failing to Plan Financially?

August 20, 2015

Failing to plan can result in both emotional and fiscal costs. Emotional Costs Financial planning is about being clear where you are going financially, and being confident that you have made the right decisions and have the best strategy in place. Lack of planning often leads to a lack of financial independence. The emotional cost… Read more »

Why is it Important to Have a Process to Capture a Personal Family Vision of Wealth Before Beginning Any Estate or Financial Planning?

August 10, 2015

Having a formalized process allows you to reflect on what is most important to you and your family. It also affords the opportunity to break your vision into smaller goals and objectives so they can be prioritized and successfully completed. Traditionally most professional advisors work only within their own education and skill set. There is… Read more »

What Is Estate Planning?

June 25, 2015

In the most general sense, estate planning is a process that ensures that the people and things important to you are treated in a manner you would approve of, both while you are living and after you are gone. Planning isn’t limited to financial assets, real estate, and personal possessions. It’s much broader than simply… Read more »

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