Family Love Letter – Estate Planning

{3 minutes to read}  Today, I want to talk about estate planning. Recently, I was introduced to a service that we can provide, called the Family Love Letter. It struck me as being so powerful and so helpful for people that I wanted to offer it up to our clients who would benefit from it.

Before you start planning and developing your estate plan, focusing much of your attention on things like trusts and wills and taxes, etc. — pause and think again.

Fundamentally, estate planning is not about death and taxes. Instead, it’s more about getting your affairs in order. One of the most important goals of estate planning should be to provide a legacy for the living.

• Will you leave chaos? Many people will leave chaos because family members don’t know where everything is, nor do they have your expertise.
• Will you leave a well-conceived plan with information to help your family in this confused time?

The service called the Family Love Letter really does an amazing job. It’s a 40-page document that you would complete, containing all the vital information needed for a surviving spouse or children to know where things are.

• What are your passwords?
• Where are your passwords stored?
• Where are your frequent flier miles?
• How are your emails accessed?
• Where is your safe deposit box?
• Who should be called after your death?
• Where is your will?
• Which is the last will that you did?
• Where are your life insurance policies?

Dealing with all of these things can be very stressful for a family.

We strive to be able to deliver to our best clients an easier and less stressful situation. If you’re interested in learning more about what this program can do, click on some of the links below and you’ll get a good understanding. Also, you can give us a call.

We will arrange a time to do real smart estate planning, even if it has nothing to do with taxes, or you don’t have a very large estate.

People say, “I don’t need estate planning.” But the truth is, everybody needs estate planning for so many reasons. Your incapacity or death will radically impact your family, yet 70% of Americans do not have an estate plan. Failure to plan and/or a failure to provide basic information in virtually every case will create family conflict, and cause the dissipation of assets you have spent a lifetime building, or result in a loss of income through estate taxes that might have been easily avoided.

So, give us a call or send us an email, and let us know how we can be of help in planning your estate.

Thank you.

1. What is a Family Love Letter?
2. Contents of the Family Love Letter.
3. Estate Planning – Family Love Letter

Registered Representative offering Securities through American Portfolios Financial Services, Inc. (APFS) Member FINRA/SIPC. Investment Advisory Services are offered through G&G Planning Concepts, Inc. which is not affiliated with APFS.  Strategic Wealth Advisors Network and Gassman Financial Group are not affiliated with APFS.

Any opinions expressed in this forum are not the opinion or view of American Portfolios Financial Services, Inc. (APFS) or American Portfolios Advisors, Inc.(APA) and have not been reviewed by the firm for completeness or accuracy. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. Readers should conduct their own review and exercise judgment prior to investing. Investments are not guaranteed, involve risk, and may result in a loss of principal. Past performance does not guarantee future results. Investments are not suitable for all types of investors.

This material is for informational purposes only. Neither APFS nor its Representatives provide tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professional before making any decisions. American Portfolios Financial Services, Inc.(APFS) and American Portfolios Advisors, Inc.(APA) are not affiliated with any other named business entities mentioned.