A good Estate Plan is more than just a will. It
- Coordinates how Investments and Insurance will be handled
- Manages Emergency, Retirement, and other assets
- Brings Peace of mind to your loved ones by avoiding Court process called, Probate
- Keeps you on track to meet Financial Goals
Last Will dictates Asset distribution, Debt arrangements and Guardianship of Minor child at death.
TRUST
- A Trust takes effect as soon as it is created.
- Property transferred to trust name passes out of Probate
- Can be used to plan for Disability or provide for tax savings
Other Estate planning documents to be considered:
- Financial Power of Attorney
- Health care designation
- HIPAA Authorization
- Living Will Declaration
If I create a Living Trust should I also consider creating a Will?
Yes. A Will provides a backup plan for any property that doesn’t make it into your Trust.
Frequently asked Questions?
What is Estate Tax? Can I avoid it?
How can I create a Will & Trust
How much will it cost?
Do I need to pay any annual fees for the Trust
Achieving Your Vision
Planning for retirement is essential to your long-term financial well-being. At Finovate, our experienced team collaborates with you to identify your retirement goals and crafts a tailored, comprehensive strategy to help you achieve them with confidence.
How Can Our Team Help You to Reach Your Goals
Learning About You
Schedule a 30-minute call with our professional to discuss your goals and how we can help. This phone or Zoom call also outlines who we are and our process.
Organized Meeting
Meet with our team to gather the necessary data for your Financial Plan. We’ll discuss your finances, lifestyle, and goals, including investments, assets, expenses, and income.
Plan Meeting
Our advisor will present your personalized financial plan, ensuring it aligns with your evolving needs and goals, and provide clear steps to help you reach your financial objectives.
Implementation
Your advisor will send a copy of your plan with an actionable list of recommendations. We’ll implement and manage these, keeping you updated.
