The loss of a loved one is not only one of the most difficult and emotional times anyone can face, but it can also become a costly financial hardship as well. While it may a difficult topic to think about, taking proactive measures to preplan can help remove unneeded stress for those you care about most.
Following your death, traditional assets, such as bank accounts or life insurance, will require a death certificate for your heirs to collect funds. In order to receive a death certificate, the funeral home must first be paid. This can leave your loved ones with the burden of covering immediate expenses out of pocket, including:
With Beneficiary Liquidity Planning, we are able to set aside anywhere from $5,000 to $100,000 to provide your heirs with tax-free access to funds when they need it most—within 24-48 hours after your death. There is no death certificate required, just a one-page claim signed by the funeral director.
Complete our confidential questionnaire to take the first step in setting up your Beneficiary Liquidity Plan.
What is the need for life insurance? Life insurance companies help protect your future and prepare you for uncertainty. It keeps your family secure in
What is retirement planning? It is a lifelong process that deals with the retirement income actions, decisions, and goals. It is better to start planning
Do you have a retirement strategy? Do you understand it? Are you confident in it?
If the answer is no to any one of these questions, contact us or schedule an appointment today to discuss how we can be of help creating your Retirement by Design.
Our mission at Next Phase Advisors is to help give you self-assurance that you have a strategy in place to provide guidance and avoid common pitfalls no matter what happens.
Investment advisory services offered through Brookstone Wealth Advisors, LLC (BWA), a registered investment advisor and an affiliate of Brookstone Capital Management, LLC. BWA and Next Phase Advisors are independent of each other. Insurance products and services are not offered through BWA but are offered and sold through individually licensed and appointed agents. The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives. Not affiliated with or endorsed by the Social Security Administration or any government agency.