Comprehensive Estate Planning
Your retirement plan provides a comfortable, secure lifestyle during retirement years for you and your spouse.
What happens after you and your spouse are no longer here?
Do you have an estate plan in place that will distribute your remaining assets based on your wishes?
You do not want the courts to determine who gets which assets. You should control these decisions.
You want an estate plan that minimizes taxes and facilitates the distribution of your assets.
Where Do Your Assets Go?
There are several places your assets can go after the demise of the surviving spouse. Some of them may include:
- Your heirs
- Charitable organizations
- U.S. Treasury
At Prime Wealth our clients maximize the assets going to heirs and charity and minimize the percentage of their assets that go to the U.S. Treasury.
It is About Control
Your Prime Wealth Estate Plan is all about control. Who are the beneficiaries of your estate?
A well-thought-out estate plan will provide a smooth transition from one generation to the next.
Since life spans are unpredictable, we believe you should make your estate plan part of your retirement plan.
Prime Wealth’s retirement and estate planning services can protect your assets. In particular, if you are a business owner or a professional in an industry that experiences a lot of litigation (for example, a doctor).
Investing time developing an estate plan is critical and the payoffs can be immense.
The key is completing this project sooner rather than later. It is never to early to develop a well-thought-out estate plan that reflects your wishes and protects your assets.
Most financial advisors will refer you to an outside attorney for the development of your estate plan. They may or may not be in communication with the attorney. This means their knowledge of your financial situation is not transferred to the attorney who has to start from scratch.
Not at Prime Wealth. Our planners, accountants, and estate planning attorneys work together to produce an estate plan that meets your exact requirements. We know estate planning, like tax planning, is part of the bigger picture that protects your interests during your retirement years and makes the cost-effective transfer of assets to heirs and charities when you are no longer here.
Not only is the planning done by the team, but so is the implementation, so you can rest assured that your plan is followed through to successful completion.