Keel Estate
Craft your proactive life plan
Did you know estate planning strategies are more involved than determining your estate taxes or writing a will? It’s a vital process that warrants thoughtful consideration to help safeguard your assets and ensure your wishes are honored when you’re no longer able to do so. It involves making crucial decisions about distributing your wealth, caring for your loved ones, and protecting your legacy.
Benefits of estate planning strategies
Estate planning strategies encompasses all aspects of life, empowering individuals and families and protect loved ones to take control of their health, finances, and future.
Ensure assets and wealth are properly distributed
Lessen the burden on family and loved ones
Plan for what happens if you are incapacitated and after you pass away
Better understand how life insurance can sometimes enhance your estate plan
Learn how charitable gifting and philanthropy play a role
Make informed decisions for your estate
Estate planning strategies can be difficult to talk about. That’s why we value building a deep relationship with you. What are your wants? Concerns? Goals? Whether you’re struggling to pick a beneficiary or have questions about your living trust, our team offers advice that is appropriate for your situation.
We’ll even collaborate with your accountants and attorneys to ensure we’re all on the same page. Estate planning strategies are not intended to be a substitute for individualized legal advice. We always suggest that you discuss your specific situation with a qualified attorney.
And once you receive your plan, we won’t leave you stranded. We’ll help you with execution and provide ongoing monitoring and adjustments.
FAQs on estate planning strategies
Are estate planning strategies only for the wealthy?
Absolutely not! Estate planning strategies are a lot more than just paying taxes at death. A few of the highlights of proper estate planning strategies include making sure the things that are important to you happen the way you want them to, that loved ones are properly looked after, and that your affairs are in order.
How should I choose my beneficiaries?
This depends on several factors, including financial situation, current age, what you want to happen to your money, etc. Naming beneficiaries can be a lot more complex than just choosing one person to receive your assets. There are plenty of things that can go wrong.
What are the different components of an estate plan?
There are several parts of estate planning strategies. While some may only be for particular situations, others should be utilized by everyone. Common components of an estate plan include will, trust, power of attorney, health care directive, and guardianship designation.
Ready to get started?
At Keel Financial Partners, we help you manage your estate planning strategy needs. Reach out to ask questions or learn more about our process.
