Volume 3

The Affluent Family Beneficiary and Estate Readiness Guide

Book Description

Building wealth is only part of creating a legacy. The next challenge is making sure the people you love know what exists, where important information can be found, who is responsible for what, and how your assets are intended to move when life changes.

The Affluent Family Beneficiary and Estate Readiness Guide is a practical educational resource designed to help families examine the often overlooked details that can create confusion, delays, unintended outcomes, and unnecessary stress during incapacity or after a death.

Many families have wills, insurance policies, retirement accounts, investment accounts, real estate, businesses, trusts, and other valuable assets. However, having these pieces does not necessarily mean they are coordinated.

This Green Life Financial Group guide helps families examine important areas such as beneficiary designations, contingent beneficiaries, estate documents, trusts, insurance policies, retirement accounts, asset ownership, children and dependents, family communication, and the responsibilities of the people who may eventually carry out the family's wishes.

Readers are encouraged to consider important questions such as:

• Are our beneficiary designations current?

• Have we named appropriate contingent beneficiaries?

• Do our beneficiary designations and estate documents work together?

• Have major life changes made portions of our plan outdated?

• Are our children, dependents, and other loved ones properly considered?

• Does the appropriate person know where important documents are located?

• Have we identified the professionals our family should contact?

• Does our family understand enough of the plan to respond appropriately during an emergency?

The guide also helps readers create a clearer inventory of important documents and responsibilities while identifying matters that should be reviewed with qualified financial, insurance, tax, and legal professionals.

The objective is not simply to leave assets.

The objective is to leave clarity.

A thoughtful legacy can help the people you love understand what you prepared, why you prepared it, and what they should do next. Organize today. Avoid confusion. Protect your loved ones. Make your legacy clear.

Green Life Financial Group

Building Wealth and Insuring Life

glfingroup.com

This ebook is provided for educational purposes and does not constitute individualized investment, tax, accounting, insurance, estate planning, or legal advice.