YOUR LEGACY PLAN: You want the piece of mind of knowing that your Estate or Legacy Plan will accomplish precisely what you intended.
OUR PLEDGE: To gain a complete understanding of your legacy goals and objectives, and to custom-build your Estate Plan accurately and professionally at a fair price.
Buying Life Insurance is an important tool in legacy planning because: 1) It is relatively inexpensive, 2) If set up as a irrevocable life insurance trust, its benefits are not subject to estate taxes, 3) The beneficiary receives its benefits free from income taxes.
Much has been written about the pitfalls of an estate ending up in Probate Court. Statutory court fees, attorneys fees, high estate taxes, loss of privacy, long delays in court proceedings, and unintended results are some of the reasons why it is not a good idea to allow one's estate to go to Probate Court.
The thing is, legacy planning is relatively easy and inexpensive compared to the alternative of Probate Court. Most people, by putting off the decision to set up a thoughtful legacy plan, will be doing a disservice to their loved ones but putting them through unnecessary expense, stress, and even family disharmony. Setting up a legacy plan now is a wise strategy, and is a gift of love to your spouse, heirs and loved ones that will have a lasting positive impact for years, or even generations to come.
Planning Your Future
It's one of the most important things we can do, but it's also the most overlooked. Here at Calvin Abe we'll help you accomplish your future financial goals every step of the way. Don't worry, we've got you.