Estate Preservation
At retirement, new concerns will arise and you will be faced with questions revolving around distribution needs and eventually wealth transfer objectives. Meeting your ongoing retirement and estate preservation objectives requires the use of concepts, designed to help ensure privacy, expediency, and tax efficiency that allow you to:
• Manage and distribute your estate assets fairly, privately and tax-efficiently;
• Preserve the value of your estate by reducing or eliminating estate taxes;
• Replace the value of any portion of your estate which is eroded by estate taxes or other settlement costs.
Proper distribution planning and estate transfer preparation can help ensure your wealth is managed according to your wishes – leaving you and your spouse free to enjoy your other assets during
your lifetime.
Protecting Your Family Your loved ones depend on you for their present needs and their future financial security. First and foremost, you need to protect the income(s) on which everything you’re doing, and everything you have are based – especially if you have family members depending on you for support. Life insurance essentially “replaces” the income that you would otherwise have earned over the years, in turn helping
to provide for your family if you can’t be there to provide for them. Consider what protecting your income means to your family:
• Would your spouse have the funds to meet monthly expenses and pay down debt?
• Without you, would your family be able to stay in their home?
• Will there be funds available for your children’s education?
• Would your family have the income they need to maintain their standard of living and pursue their dreams?
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