While some people tend to procrastinate on addressing the issue of estate planning, it is no less a critical piece of your investment strategy, and it usually involves elements that some people never think about. For instance, the best kind of estate planning extends beyond consideration of how to allocate assets in the event of death. It also includes planning how you and loved ones will cope in if you become in the event you become incapacitated.
At GRAnderson Wealth Management Group, we will assist (often supplemented by legal advice) in the following areas: establishment of a will, analysis of tax liabilities, designation of a legal guardian, updating beneficiaries on insurance policies and various retirement accounts, establishment of trust funds and other important issues – even including funeral arrangements.
Deciding how to allocate assets is only the beginning of Estate planning.