Estate Planning

When we talk about planning for retirement, making plans for what happens to your belongings after you die is important. This is called estate planning, and it’s a big deal, especially if there are people who depend on you.

One particularly important thing we help people do is connect people with Estate Planning Attorneys to create a will and set up something called a trust. These things make sure that your assets are taken care of the way you want, especially if you cannot make decisions anymore or if you are not here.

If you don’t have a will or trust, the government decides what happens to your things, and that can take a long time and cost a lot of money. So, we ask our clients, “Do you want the government to decide what happens to your things, or do you want it to be done the way you want, and without a lot of extra costs?”

Sometimes, when someone dies, it takes a long time to sort out their assets. This can be a year and a half or even more. Also, the people who are supposed to get your things might not be able to use them until everything is figured out. If you have a lot of valuable stuff, it might end up costing a lot of money in taxes and other fees, and your loved ones might have to sell things to cover these costs.

We think it’s a good idea to work with an attorney who knows all about this stuff. They can help make sure your assets go where you want them to, without causing trouble for your family and friends. To do this right, you need a team that includes an Estate Planning Attorney, a money expert (called a CPA), and your financial advisor – that’s us! They all work together to help you plan things out well.

To explore how our estate planning services can benefit you, please don’t hesitate to reach out to us today.

“Provident Oak Financial, LLC believes in maintaining Integrity, creating partnerships with a purpose, and always striving for significant outcomes. Schedule an appointment with us today for an initial consultation”