Wills & Trusts
Wills and Trusts crafted to Safeguard Your Assets and Ensure Your Wishes are Honored for Generations to Come. Trusted by a nationwide network of attorneys for over 30 years
Basic estate planning should, at a minimum, include the following key elements:
Will
A will is a legal document that outlines your wishes regarding the distribution of your assets after your death. It allows you to specify who should receive your property and assets, appoint guardians for minor children, and name an executor to carry out your wishes.
Power of Attorney
A power of attorney is a document that grants someone the authority to act on your behalf in legal and financial matters if you become incapacitated or unable to make decisions for yourself. There are different types of power of attorney, such as a general power of attorney or a durable power of attorney for healthcare.
Trusts
While not essential for everyone, a trust can be a valuable estate planning tool for various reasons, such as avoiding probate, providing for minor children or individuals with special needs, managing assets, or minimizing estate taxes. Consult with an attorney to determine if a trust is appropriate for your situation.
Guardianship Designations
If you have minor children, it is crucial to designate guardians who will care for them in the event of your death. Discuss this decision with the potential guardians beforehand and make your wishes known legally.
Organizing Documents and Information
Compile and organize important documents, including financial records, insurance policies, property deeds, wills, and trusts. Inform your loved ones or the executor of your estate about the location of these documents to ensure a smooth administration of your estate.
After helping thousands of clients navigate the estate planning process
We knew there had to be a simpler, smarter way to help people prepare for the future. Our goal was to reimagine an age-old process by bringing it into the 21st century.
So we assembled the best team we could find — visionaries, techies, programmers, digital media marketers, attorneys, and financial planners — to create an innovative estate planning platform: Estate Guru.
Our compliant, industry-minded software allows financial advisors to connect with an attorney
To create and manage estate plans that fit every client’s needs without breaking the bank. Estate Guru is built on over four decades of experience in the estate planning and financial planning industries, paving the way for our team to bring estate planning to the next level: no cheap boilerplate documents, no DIY document engines, no inefficient meetings with attorneys, and no monthly membership fees.
Welcome to industry-minded estate planning by financial advisors for financial advisors.
We prove there’s a different, smarter way to build your business and help your clients secure their own and their loved ones’ future.
We Partner with Estate Guru to offer preparation of estate planning documents (wills, trusts, advanced planning directives) in 49 states
Supervision from the Registered Investment Advisory (RIA) firm ensures compliance with the relevant laws and regulations, creating a legitimate channel for solicitors and Investment Advisor Representatives to receive compensation for the planning associated with the estate planning documents. Importantly, it would not be possible to legally receive any compensation for planning associated with the creation of estate planning documents without the supervision of an RIA that had completed adequate vetting and appropriately documented the division of labor.
It’s common sense that anyone providing guidance on the subject of wills and trusts should have a solid understanding of the topic.
How do tax-efficient strategies contribute to the preservation of wealth during market fluctuations?
Tax-efficient investment and financial planning strategies help clients navigate market volatility while minimizing the impact of taxes on their overall wealth.
What role does tax planning play in providing clients with a holistic financial solution?
Integrating tax planning into financial strategies showcases a comprehensive approach, addressing all aspects of a client’s financial well-being and minimizing unexpected tax liabilities. We are the only source you will need to provide this valuable solution – weekly training is provided!
In what ways do tax reduction strategies contribute to the achievement of clients' financial goals?
Clients are drawn to financial planners who can optimize their tax liabilities, resulting in increased disposable income and improved long-term financial outcomes. TRS will do all the heavy lifting.
Why is estate tax reduction essential to a comprehensive financial planning approach?
High-net-worth individuals, business owners, and those with complex financial portfolios are especially receptive to financial planners who specialize in tax reduction and estate planning, as these services directly impact their financial legacies.