Estate Planning

If you wish to leave behind a meaningful legacy for loved ones or a charitable institution, you must put a well-thought-out estate plan in place. Without an established plan, the fate of your estate could be determined by the government, lawyers, or people that don’t have your interests and best wishes in mind.

An estate plan is paramount in ensuring your estate is handled according to your wishes. Together with your estate planning attorney, we can assist in drafting documents and reviewing your situation, so your estate benefits the people and charities you care about most.

What Can We Do For You?

  • Will/POA/Trust Education: We can help you understand how to structure your Will or Power of Attorney or determine what type of trust should be established so that your legal team can create a document that reflects your wishes. 
  • Choosing executors: The executors of your estate wield strong powers that determine how your estate is handled upon your passing. We’ll help you understand the importance of choosing an executor(s) for your estate and what criteria you should consider when appointing someone to discharge this all-important role – especially if minor children/guardians are involved. 
  • Designating beneficiaries: If you don’t choose beneficiaries for your assets carefully, your estate assets might end up in the hands of individuals you never intended to benefit from. A well-thought-out estate plan addresses concerns that your dependents’ needs are taken care of.
  • Minimizing estate taxes and probate fees: Taxes, fees, and other levies can erode a large part of your estate before your beneficiaries see a cent. Careful planning can potentially reduce the impact taxes and fees may have.
  • Estate protection: Even after you pass, many of your assets – such as long-term investments and property – will likely need protection and management until they are disposed of and their proceeds are distributed to your beneficiaries. Without an estate plan, your assets may not receive the type and level of protection those assets require.

Schedule a meeting with us to see what an estate plan can do for you.

Fortis Financial Group and LPL Financial do not provide legal advice or services. Please consult your legal advisor or an estate planning attorney regarding your specific situation.