PLAN FOR FOREVER
You’ve worked hard over the years to accumulate wealth, and may find it comforting to know that the assets you leave behind will continue to be a foundation for your family, friends, and the causes that are important to you. An estate transfer strategy is a crucial part of a financial plan. Once you have planned retirement and are invested, you can begin to focus on how your assets will be managed after your death.
Your age, health, wealth, lifestyle, life stage, goals and many other factors determine your estate transfer strategy needs.
An estate transfer strategy includes the following:
Specifies the management method for asset distribution upon your passing.
POWER OF ATTORNEY
Authorizes someone to act on your behalf in important matters
Details your wishes for medical treatment when you’re incapacitated
Defines how assets are managed and by whom, with beneficiaries in mind
An estate transfer strategy ensures your money and property go to the right people and organizations. But it also can provide for your children’s future, minimize your family’s tax burden and eliminate the need for messy probate proceedings. Best of all, if you plan now, you can rest easier for the rest of your life.
CFS* Financial Representatives can work with you and your legal and tax advisors to:
- Look ahead. Representatives can help you think not only about your goals today, but also how your estate can help future generations.
- Plan distribution. We’ll help you value your assets and decide where they will go.
- Assign responsibility. You can decide who will take care of your finances after your die.
- Care for kids. Who should be responsible for taking care of your children?
At Workers Credit Union one of our CFS Financial Representatives available through CUSO Financial Services, L.P. * can assist you by coordinating with your legal and/or tax professional to help develop a plan that aligns with your values.
To learn more about estate transfer strategies and ways to help protect your family, contact us today to schedule a complimentary, no-obligation appointment.
Contact us to schedule a complimentary, no-obligation appointment.
Give us a call at 800-221-4020.
Our member service representatives will be happy to assist you.