As a financial advisor, you play a critical role in helping your clients secure their assets and plan for their futures. At some stage, you likely turn them over to an attorney to help them prepare official legal documents.If you do not offer this service in-house, you must refer them to an external legal service. When you partner with AmeriEstate, we provide you with the benefits of offering in-house attorneys to handle your clients’ needs.
Sarah Jane’s husband passed away 12 years ago, leaving her alone in the large house they raised their two children in. Knowing that the house was the most substantial asset she could pass on to her children, Joe and Laura, Sarah Jane wanted to ensure she protected it.
If you work in finance, you know that establishing and maintaining trusted professional relationships with your clients is the only way to grow your business. You also know the importance of proper estate planning when planning for your clients’ financial futures. No matter what interests or asset levels they have, all of them will require estate planning services. Many will ask for such help directly.
Approximately 6.5 million Americans are living with Alzheimer’s. Though the incidence rate is declining, the growing number of citizens in the over-65 age group means that the numbers for those with the disease will likely continue to rise in the coming years.
Seniors are a vulnerable population that scammers notoriously take advantage of. In the age of technology, it’s become much easier to con seniors. Many seniors may have email addresses, social media accounts and cell phones that make them easier targets for scammers.
If you have an individual with special needs in your life, it is paramount to understand how special needs trusts operate and how the government taxes them.
Estate planning is a necessary process for all individuals, regardless of marital status or the number of assets they have accumulated. The need for an estate plan, however, becomes even more pressing for domestic partners who are not married. For example, if one partner dies without a plan and the other does not want to move out of the house because he or she does not want to let go of the family home, it could result in significant legal disputes. This is why it is important to be informed and prepared when it comes to your estate.
Millennials are often inundated with student loan debt, high housing costs, and other financial obligations. And while it might seem like the last thing on their minds, millennials should actually be considering getting a living trust. Millennials are often a very tech-savvy group, as well as the most educated generation in history. This is why it may seem surprising that estate planning is something that many millennials often do not consider. While it is not required to have a living trust, it is something that all adults should consider, especially if they have any assets or property that they wish to be protected.
As a financial professional, you are very aware of the value that deep client relationships provide. You want to be able to serve the needs of your client in as many ways as possible, so that they continue to work with you for years. However, depending on your expertise, you may find it challenging to provide comprehensive assistance in a key area: estate planning.
If you currently have an estate plan in place: congratulations! You are ahead of many Americans when it comes to taking charge of your assets and protecting your family. However, an estate plan is not a “set-it-and-forget-it” document. If you have not updated your estate plan in a few years, it is likely time for you to revisit it.