Planning for your demise, be it death or disability, is never easy. However, it is an important step to ensure your estate is properly distributed according to your wishes. Protect your assets from taxes, minimize the effects of long-term care, and create a lasting legacy by developing a plan for your estate. Contact our team of experienced planners to start the process today.
You have been blessed with skills and abilities, which you have used to create, accumulate & manage assets. It is your duty to be a good steward of these resources, using them to live generously and support the people you love and causes you care about.
At Ambassador Advisors, we can help you navigate the myriad of tax and legal hurdles in place to create a plan that best aligns with your core values and beliefs. This will help you become a better steward of your resources, create a lasting legacy of generosity, and bless your heirs and charities close to your heart.
When you’re thinking about leaving a legacy with your estate, you face three major challenges:
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.
No two estates are the same, which is why estate planning takes a personalized approach. We work with you to create a plan that aligns with your goals & beliefs in order to maximize your giving capacity to family & chosen charities.
For nearly 30 years, our team of financial advisors and legacy planning professionals have assisted thousands of individuals and families create a lasting legacy for their heirs and charities. Our open-door policy makes our legacy planners and Certified Financial Planners™ (CFP®) always available to answer questions about your plans.