Legacy Planning is part of properly structured Retirement Plan that can help provide for your spouse or other beneficiaries. Your estate and various investment accounts can transfer to your beneficiaries without the hassle and costs of Probate or unnecessary taxation.
IRA accounts have become one of the largest types of assets inherited by beneficiaries. If you don’t anticipate needing all of your IRA money in retirement, you may wish to consider a Legacy Planning Strategy that potentially reduces taxes and potentially increases the payout your beneficiaries will receive upon your death. You may want to use some of the value in your IRA to provide your beneficiaries an income stream of up to a ten-years while leaving the balance of IRA assets invested for tax-deferred growth.
Legacy Planning keeps you in control of your real estate and investments and can give you the assurance these will ultimately transfer only to those you desire. We can help you evaluate your financial situation to determine if Legacy Planning could help you meet your goal of structuring an inheritance for your beneficiaries.
Our firm is not permitted to offer, and no statement contained herein shall constitute, tax or legal advice. You should consult a legal or tax professional on any such matters.
How can we help you with your planning? What are Your Goals & Concerns?
To schedule a time to discuss your financial future and the possible role of insurance or investments in your financial strategy, call us at 559-230-1648 today! We are an independent financial services firm helping individuals create retirement and income strategies using a variety of investment and insurance products to custom suit their needs and objectives.
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