1 / 8

Year’s End Serves as a Reminder of the Need for Estate Planning Reviews

Your estate plan is like a precision piece of machinery, with many different types of pieces that all need to “synch up” together in order to work together as one in order to achieve your objectives. Periodic plan reviews, such as annual reviews, allow you and your estate planning team to look at all of those pieces and make sure that each document and each designation form is up to date and properly maintained to do its job in creating the legacy you want.

legacyassuranceplan
Download Presentation

Year’s End Serves as a Reminder of the Need for Estate Planning Reviews

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews

  2. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews An annual (or other periodic) estate plan review gives you the opportunity to look back up the things that have taken place in your life in the last year (or since your last review,) and consider how they might impact your plan. Births, death, marriages and divorces can all play roles in altering the way in which you which to structure the distribution of your wealth. Legacy Assurance Plan Of America

  3. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews Even in the absence of the occurrence of any of these events, you still need to do some maintenance on your plan. Maybe your goals have changed, due to a change of heart (or for any reason.) With the benefit of a periodic review, you can ensure that your updated plan will leave behind the legacy you want. Legacy Assurance Plan Of America

  4. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews Your review helps because it is a chance to look over your WHOLE plan. A complete review will do more than simply check the distribution provisions in your will or living trust. Your review allows you to look at all of the pieces that comprise the entirety of your plan and make sure they are functioning as a single, harmonious plan. Your plan is more than just your will and/or living trust, powers of attorney and living will. Legacy Assurance Plan Of America

  5. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews Maybe, for example, you experienced a divorce a few years ago. You updated your living trust, but did you update your entire plan? The court system has many reported cases where a deceased person’s goals were thwarted because he didn’t update his entire plan. A 2013 U.S. Supreme Court case looked at a Virginia man’s federal pension. Legacy Assurance Plan Of America

  6. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews With any death beneficiary designation, you should (and hopefully do) have multiple alternates to your primary beneficiary designation. At your review, you can not only review whether your primary beneficiaries are current, but the alternates, as well. Legacy Assurance Plan Of America

  7. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews Your estate plan is like a precision piece of machinery, with many different types of pieces that all need to “synch up” together in order to work together as one in order to achieve your objectives. Periodic plan reviews, such as annual reviews, allow you and your estate planning team to look at all of those pieces and make sure that each document and each designation form is up to date and properly maintained to do its job in creating the legacy you want. Legacy Assurance Plan Of America

  8. Year’s End Serves as a Reminder of the Need for Estate Planning Reviews For More Information: https://www.facebook.com/legacyassuranceplan/ http://legacyassuranceplan.blogspot.in/ https://www.youtube.com/watch?v=pDwCDT0E-AE

More Related