Estate Planning

Taxes can be a source of confusion and frustration. Every asset has the potential to be taxed differently. There are three groups that go after your assets when you pass away: heirs, charity, and ‘Uncle Sam.’ With proper planning, you can choose your favorite two out of those three to bless.

With costs exceeding $100,000 per year for skilled nursing care, you must understand ways to protect your assets from the effects of long-term illness. Additionally, you must consider the rules of Medicaid spend down & estate recovery and how they can impact your financial situation. Ambassador Advisors’ experts can help you plan for the future by calculating how much your long-term care might cost and explain how to protect your nest egg, so you can plan appropriately.

While often overlooked, the impact of your decisions on family members can be massive. Including them in your process and educating them on your core values can be a vital time of growth and a caring expression of love. The principles of your life, such as your views on money, religion, ethics, and family can be passed on to the next generation when the effort is made to do so. Without communicating effectively what you want to have happen upon your passing and what your intentions are for how circumstances will be arranged, the idea of leaving a lasting legacy is lost. You can help ensure optimal through Ambassador Advisors’ Family Legacy Discovery process.