Conversation With an Estate Planning Attorney
Conversation With an Estate Planning Attorney
What Issues Do Families Face When a Loved Ones Passes Away?
It’s often brought up that the disbursement is unfair. Discrepancies from the past start to come into play that the estate planner was completely unaware existed. Without the head of the family around to quell these issues, families argue over the division of the estate.
Can We Change The Estate Plan to Cover These Expenses?
No, not while waiting for a death certificate. Nothing can be changed until the new ownership has transferred. Until then, it’s up to the family to figure out a way to manage the expenses during those first 30…45…60 days–the vacuum period. However, a Beneficiary Liquidity Plan® can be put into place before, to ensure money is available to the family during the vacuum period.
Talking About Sex Won’t Get You Pregnant…
Talking about dying won’t make you die.No one wants to talk about the end of their life. But prepared or not, it is still going to happen. And there will always be a cost associated with it whether it’s the simplest of cremations or the most traditional of funerals.
Having a Beneficiary Liquidity Plan® will give families peace of mind from the financial stress so they can focus on the hundreds of decisions that will need to be made.
Don’t take it from me. We interviewed a 3rd generation estate planning attorney whose family has over 100 years of experience. In episode five, we talk about the realities of the death process and how to prevent family fractures. Follow link for informative video. https://www.youtube.com/watch?v=xJZCQX0x1MA
Financial Planning and Advisory Services are offered through Prosperity Capital Advisors (“PCA”) an SEC registered investment adviser with its principal place of business in the State of Ohio. Franklin Planning and PCA are separate, non-affiliated entities. PCA does not provide tax or legal advice. Insurance and tax services offered through Franklin Planning are not affiliated with PCA. Information received from this video should not be viewed as individual investment advice. Product discussions and illustrations are hypothetical in nature and will vary based on many factors including, but not limited to, age, health, product, insurance carrier and product design. You should consult the insurance carrier website and policy for detailed information. Content may have been created by a Third Party and was not written or created by a PCA affiliated advisor and does not represent the views and opinions of PCA or its subsidiaries. For information pertaining to the registration status of PCA, please contact the firm or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). For additional information about PCA, including fees and services, send for our disclosure statement as set forth on Form ADV from PCA using the contact information herein. Please read the disclosure statement carefully before you invest or send money.
