Planning for a Crisis

Death and Taxes. Pretty macabre right? But cannot be avoided.

Planning ahead for these eventualities helps to create peace of mind, knowing that while you can’t control the future, you’re prepared for it.

Estate planning sifts risk. These risk-shifting strategies include:

1) transferring the risk to another party 

2) avoiding the risk 

3) reducing the negative effect or probability of the risk 

4) even accepting some or all of the potential or actual consequences of a particular risk 

Everyone can and should benefit from an Estate plan process. The process will have you:  

1.  Identify and characterize the various known and UNKNOWN threats, such as taxes, mismanagement, death, disability and so forth, to your financial well-being

2.  Assess the vulnerability of your assets to these specific threats

3.  Determine the level of risk you face 

4.  Identify the ways you can reduce those risks

 A well-executed estate plan can minimize the possibility of loss due to current and future uncertainties while providing you with the opportunity to achieve your goals and manage risk.