Estate Planning

When you think about your hard-earned assets, what comes to mind? Maybe your home, savings, or that small business you’ve nurtured over the years.

Mastering expert financial planning strategies is like having a roadmap for your money

Up to 68% of Americans lack a will or a trust, meaning that most estates must go through probate to be settled. That's unsettling! But, did you know that life insurance generally avoids probate? When you pass away, life insurance typically goes to your family income tax free. In some more rare cases federal estate taxes may apply if the policy proceeds and other estate assets combined exceed the substantial estate tax exemption amount, or if a state has an inheritance tax. B

You've got assets and you want to make sure your family avoids probate, right? The solution is to set up a living trust. Setting up a living trust It's a simple process, but it requires you having some idea of how you want to distribute your assets, who your trust executor will be, and your health care directive. Contact us here  to chat and begin the process of setting up your trust. Here Are Some Benefits to Creating a Living Trust Privacy (probate is public) Avoid costly l

If you're a new homeowner, congratulations! Not only is a house a major and exciting purchase, but it's an asset that needs special protection. That is life insurance for mortgage protection. Life and Mortgage Insurance Let me paint you a picture that is unfortunately all too common. Imagine a family move into their new house and after some time, the head of household passes away. Let's say his wife is a stay at home mom raising the kids. Will she now have to take up a job? H