Estate & Legacy Planning Legacy Planning
Estate and Legacy Planning is an important part of preparing for the future of your family and loved ones. It includes planning for the inheritance of assets and creating a legacy to be passed down through generations, and protecting your family. Thrive for Family can access numerous estate planning tools, and with the advances of the insurance industry, certain policies can be a living benefit, while providing a tax free distribution to your heirs. Estate and Legacy Planning also involves considering taxes and legal matters that may arise when transferring property and other assets to heirs. With careful planning and consideration, Thrive for Family can help provide peace of mind and ensure that you and your family's future is secure. Thrive for Family-Expert Family Financial and Estate Planning
Wills and Trusts business planning elder
Wills and trusts are legal documents that outline an individual's wishes for their assets and property after they pass away. Wills services involve the creation and execution of a will, while trust services involve the creation and management of a trust. These services are provided by Thrive for Family to help ensure that an individual's assets are distributed according to their wishes and to minimize tax implications and probate costs. legal will trusts legacy Thrive for Family-Expert Family Financial and Estate Planning
Durable Power of Attorney
Durable Power of Attorney (DPOA) is a legal document that gives another person the authority to act on your behalf in financial and legal matters. DPOA services provide guidance and assistance in creating this document and naming an individual to act as your agent. This can be useful in the event that you become unable to manage your own affairs, such as due to illness or injury. The durable aspect of the power of attorney means that it remains in effect even if the individual granting it becomes incapacitated. Thrive for Family-Expert Family Financial and Estate Planning
Health Care Proxies
A Healthcare Proxy (also known as a Medical Power of Attorney) is a legal document that allows an individual to appoint another person to make healthcare decisions on their behalf in the event that they are unable to make decisions for themselves due to illness or injury. This service typically involves creating and executing the document, and can be provided by Thrive for Family. The proxy agent named in the document will act in accordance with the individual's wishes and values as expressed in the document, ensuring that their medical care aligns with their wishes even if they are unable to make decisions for themselves. tax savings business planning
Maximation of Tax Savings and Estate Planning
Maximization of Tax Savings and Estate Planning is the process of creating and implementing strategies to minimize tax liabilities and maximize the transfer of wealth to beneficiaries. This service typically involves creating legal documents such as wills and trusts and working with Thrive for Family's staff and affiliates to develop a comprehensive plan that aligns with an your financial and personal goals. The goal of the Maximization of Tax and Estate Planning is to ensure that an individual's assets and wealth are passed on to their beneficiaries in the most tax-efficient and cost-effective manner possible, while also ensuring that their wishes for the distribution of their assets are carried out.
Business and Legacy Planning
Business and Legacy Planning involves the creation and implementation of strategies for the management, growth, and transfer of a business or personal assets. This service may involve creating legal documents such as wills and trusts, developing a plan for passing down a business to future generations, or creating an exit strategy for business owners. The goal of Business and Legacy Planning is to ensure the protection and continuation of an individual's or a business's assets and values, while also minimizing tax implications and other legal costs. Thrive for Family can provide the necessary services to accomplish the these goals.
