Everyone dies, but not everyone prepares for it. Estate planning dictates what happens to your assets after your passing and can have a significant impact on your loved ones after your death. A lack of planning will leave many things in limbo, so it’s best to protect your assets and care for your loved ones by planning for the inevitable. Here are some simple ways an independent financial advisor in Costa Mesa will do to help you get started.
Avoid Computer Programs
There are many things that are more convenient online, such as ordering new furniture or scheduling an appointment. However, estate planning should be done by a professional who can understand the nuances of your situation, not by a program that advertises making a will for $30. Most of these programs will even tell you to consult with a professional before finalizing documents because they know their software isn’t up to the task of keeping up with current laws or state-specific rules.
What You Should Do
Your first real step in estate planning is to gather documentation of your financial assets, such as properties, bank accounts, and retirement holdings. You’ll also want to note any debts you currently owe.
Gather A Professional Team
An independent financial advisor in Costa Mesa is a must for estate planning. They know the best way to protect your assets at the end of your life and how you can best shield your loved ones from inheritance taxes and other financial payouts from your estate. Additionally, you should contact an estate lawyer to finalize legal documents and designate caretakers for any of your underage children.
Call Check Capital Management for independent financial advisors in Costa Mesa who can protect and grow your assets now and in the future!
