Estate Planning

What is Estate Planning?

estate planning couple

Estate planning is simply the process of establishing how accumulated wealth and assets will be transferred upon death. While the central idea behind estate planning can be simple, the strategies employed can be complex, depending on the asset types and how these assets are taxed. This is actually a big concern with estate planning. Taxes can erode a significant percentage of accumulated wealth—sometimes upwards of half or even more.

For many individuals, estate planning is an afterthought. With all the challenges that come with accumulating wealth and planning for retirement, this is certainly understandable. But estate planning should be an integral part of your overall financial plan. The earlier you explore your options, the better you will be positioned to leave a maximum legacy to your heirs.

As with many aspects of financial planning, the best strategies will depend on your unique situation. This is why it is critical to work with an professional who can custom-tailor solutions that work best your specific assets, goals, and needs.

Through Cambridge Financial Group you have access to a dedicated, caring professional to guide you through your estate planning solutions.

  • Irrevocable  Trust
  • Funding The Trust
  • Beneficiary Deed
  • Durable Power of Attorney
  • Living Will / Healthcare Directive

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Estate Planning?

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