Estate Planning Services - Nexgen

1. Website: https://www.nexgentransfer.com/ Call 095994 45568 Estate Planning Services Nexgen

2. Website: https://www.nexgentransfer.com/ Call 095994 45568 Checkli klist o st of th E Estate state Pl Ba Basic sics s Plan anni ning ng: A : A 12 12- -Ste Step p Chec f the e Ever wondered what will happen to your family if anything happens to you? Ever thought about the hardships they would have to go through in such a case? Estate planning can help lower that burden. I am not saying that this certainly will happen, but being prepared is how you can protect your family. How you can do that? For that, you need to start from the basics of Estate Planning. W What hat is is Est Estate ate Pl Plan anni ning ng? ? Estate Planning is the process of designation that will have the authority over your assets and handle your responsibilities after your death or incapacitation. Estate Planning will also provide your beneficiaries to receive these things in the most cost-effective way possible. The key question to ask yourself while Estate Planning is – “How do you want to distribute your assets and among whom when you die or become incapacitated?” Estate Planning sure is very crucial for everyone, irrespective of the fact that they are rich or not. This secures your family’s future and enables them with the authority to make important decisions even when you are disabled or not around. 1 12 s 2 step teps t s to o th the b e basi asics cs of E of Est state ate Pla Plannin nning g M Ma ake state how you want to distribute your property. Also, assign a guardian for your young children in case anything happens to you or the other parent. ke a w a wil ill l: : Take a professional’s help and make a will. In a will you C Co onside nsider r Tr various problems linked with wealth management or child management. Trust ust s se erv rvic ice es s: : Trust services provide solutions to your Health care directives are your best friend in case of medical incapacitation. It is like a living will, you provide a power of attorney

3. Website: https://www.nexgentransfer.com/ Call 095994 45568 to a person who can take decisions in your place if you are medically not-in-condition to do so. As Ass sign also called agent or attorney-in-fact is a person who you assign the power to handle your finances if you become disabled in such a sense in which you are no longer able to take any such decisions. ign a a fin fina an nc ci ia al l p powe ower r of of a at tt torn orne ey y: : A financial power of attorney, Se Sec cure to manage the money until your minor child becomes of age to inherit your property. You can choose any person you trust as a guardian. ure y yo our child ur children ren’ ’s s p prop rope ert rty y: : Assign an adult person as guardian Fi Fill ll b be en ne efi fic ci ia ary Filing beneficiary forms make your bank accounts and retirement plans “payable on death” automatically and allow the funds to skip the probate process. ry for form ms s: : Life insurance is also considerable: Whether you own a house or property or any other asset, having life insurance can protect your family after your death. Gain knowledge about the Estate taxes in your country or states as it may vary according to the region. Fu Fun ne era banks and deposit funds as ‘payable-at-death’ to pay for your funeral and related expenses. ral e l exp xpe ens nse e c cove over ra age ge is is im imp portan ortant t: : Make your accounts in M Ma ake to your family and relatives related to organ donation or disposition of your body. ke y you our r fi fin na al a l ar rran rang ge em me ents nts: : Make your end-of-life wishes known

4. Website: https://www.nexgentransfer.com/ Call 095994 45568 Prot Prote ec ct t y you owner you should consider a Succession Plan. If you have other partners you must have a Buyout Agreement. our r busi busine nes ss s: : If you own a business and you are the sole C Ca ar re efu insurance plans, etc. are sensitive documents that should be protected and stored ina secure places like a vault or bank locker. full lly y s st tore ore y yo our doc ur documen ument ts s: : Documents such as your will, trusts, Estate planning as discussed above through these 12 points sure is very important for all. If you want to protect your family even after your death or incapacitation you must consider Estate Planning. There are a lot of good Estate Planning companies like the Nexgen Estate Planning Solutions Pvt. Ltd. Nexgen provides a verity of top- notch Estate Planning services and is one of the leading companies in India and a subsidiary of the global education board, AAFM. For more information visit us & call 095 095994 994 4556 45568 8. https://www.nexgentransfer.com/ Thank You