Retirement and Financial Planning

Estate Planning

Estate Planning for Tax-Advantaged Wealth Transfer

Effective estate planning enables you to manage your affairs during your lifetime and helps ensure your wealth is transferred to the ones you love in an efficient, tax-advantaged manner. One of the most loving things you can do is have your affairs organized so that your family isn’t scrambling during the time they’re stressed and grieving for you. That’s why at United Financial Group, we recommend getting your family involved in the estate planning process.

An estate plan does more than provide wealth transfer, you can also outline your healthcare wishes and ensure that they’re carried out – even if you are unable to communicate. You can also designate someone to manage your financial affairs should you be unable to do so. Our role is to work with your estate attorneys and accountants to identify insurance and other wealth transfer tactics that can be used to pass on your wealth in a seamless and tax-free manner.

Ongoing, Annual Reviews

Remember, estate planning requires ongoing review and updates. We’ll help you get–and keep–your beneficiaries up-to-date through the years as your family and goals change through time. Beneficiaries designated on 401(k) and similar accounts as well as insurance policies take precedence over your estate planning documents, so it is critical that they stay current.

No one likes to think about what will happen after they are gone, but one of the most important and loving things you do for your family is put solid plans in place to protect them if you go before they do. More than just the right types and amounts of insurance, we’ll help you create a complete legacy plan with the legal documents required to specify your wishes in the case of death or incapacity.