Townsend Retirement Specialists offers education and other resources on legacy planning. Legacy planning is a process that assists you and your family in creating ways to pass assets efficiently onto future generations.
Legacy planning is something that some people overlook; however Townsend Retirement Specialists would like to make sure that you’re fully prepared for these future situations. Below you can read several articles on Legacy Planning and how to better prepare you and your family.
Estate Planning Key Numbers
You will find here some key numbers associated with estate planning, as well as the federal estate tax rate schedules for 2010 through 2012, and the tentative schedule for 2013.
Key Estate Planning Documents You Need
There are five estate planning documents you may need, regardless of your age, health, or wealth 1) Durable power of attorney 2) Advanced medical directives 3) Will 4) Letter of instruction 5) Living trust – this isn’t always necessary, but it’s included here because it’s a vital component of many estate plans. Read this article to learn why these documents may be critical in estate planning.
Protecting Your Loved Ones with life Insurance
Do you ever wonder how much life insurance you’ll need in your future? Or the different types of life insurance policies? Will you choose to go with a whole life insurance policy or a universal life insurance policy? Do you know the difference between a variable life insurance policy and a variable universal life insurance policy? With so many types of life insurance policies available, you’re sure to find a policy that meets your needs and your budget! Also in this article is some information on how to choose and change your beneficiaries.
Disclosure
Securities America and its representatives do not provide tax or legal advice. Please consult the appropriate professional regarding your specific situation.