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Estate Planning

Estate planning is the process of deciding for the management, protection and distribution of your assets during your life and after you pass away. It involves creating a comprehensive plan that considers your assets, debts, and beneficiaries.

Here is a guide to Estate Planning

  1. Take inventory of your assets: Make a list of all your assets including your bank accounts, retirement accounts, real estate, and personal property.
  2. Determine your beneficiaries: Decide who will inherit your assets after you pass away. You can choose to leave your assets to family members, friends, or charities.
  3. Choose an executor: Select someone to manage your estate after you pass away. This person will be responsible for paying off your debts, filing tax returns, and distributing your assets to your beneficiaries.
  4. Create a will: A will is a legal document that outlines your wishes for the distribution of your assets after you pass away. It also allows you to name guardians for any minor children you may have.
  5. Consider a trust: A trust is a legal document that allows you to transfer assets to a trustee who will manage them if you become incapacitated and on behalf of your beneficiaries after you die. This can help to avoid probate and ensure that your assets are distributed according to your wishes.
  6. Plan for incapacity: Consider creating a power of attorney and advance healthcare directive to ensure that your wishes are carried out if you become incapacitated.
  7. Review and update your plan regularly: It's important to review and update your estate plan regularly to ensure that it still reflects your wishes and meets your needs.

If you need assistance with estate planning, Linker Financial Group, Inc. can help you create a comprehensive estate plan that meets your unique needs and ensures that your assets are distributed according to your wishes. Contact us today to schedule a consultation.

At Linker Financial Group, Inc., our team of experts can guide you through the entire estate planning process, from creating a will to setting up a trust, to ensure that your assets are protected and distributed as per your wishes. We can help you understand the various options available to you and create a customized plan that meets your needs and goals.

Our team has years of experience and in-depth knowledge of estate planning, and we can help you navigate through any complexities or challenges you may face. Linker Financial Group, Inc. provides personalized attention to each of their clients, and our goal is to create a plan that best suits your unique needs and preferences.

Overall, estate planning is an essential part of securing your family's financial future and ensuring that your assets are distributed according to your wishes. If you need assistance with estate planning, schedule a consultation with Linker Financial Group, Inc. to help you create a comprehensive plan that meets your specific needs and goals.


Disclosure:   For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither LPL Financial, nor any of its representatives may give legal or tax advice.