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ESTATE PLANNING 2
Life Settlements
Estate Planning 2

 
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 * What concerns do you have regarding protecting your income against loss due to an accident or illness?

 

* Is your children's educational funding important to you?

 

* Do you have a will?  Have you selected a guardian for your children?

 

* Have you drafted an advance directive (living will) regarding life support?  Do you have powers of attorney for both health and financal issues?

 

* What thoughts or feelings do you have about debt in general?

 

* Is putting money aside on a regular basis for long-term savings important to you?  Why?

 

 

 

* Are your assets titled correctly to reflect your objectives? 

 

* Is putting money aside on a regular basis for long-term savings important to you?  Why?

 

* Will your family be able to continue its current lifestyle with what you have now?

 

* Are you satisfied with your previous investment experience?  Why or why not?

 

 

 

 

 

 

 

 

* Should you begin making gifts during your lifetime? 

 

* How much money do you need for personal financial independence?

 

* Do you know anyone who has needed extended care at home or in a long-term care facility?  How has that affected you?

 

* Do you anticipate any significant changes in your total income in the future (inheritance, bonus at work, etc.)?

 

* Are you satisfied with your previous investment experience?  Why or why not?

 

* If you retired today, what lifestyle would you want?

 

* Do you feel your current planning will allow you to achieve your goals?

* Do you want to give anything to charity?

 

* How do you wish to be remembered?

 

* Has your will and trust been updated or reviewed recently?

 

* Will your estate have suffucient liquidity to pay all costs?

 

* Do you have any special bequests for grandchildren?

 

 

 

 

 

 

It's not pleasant to think about your own death or disability, but it is important to make sure you have the essential documents and information organized and easily accessible and that some trusted person knows where to find them.  This important information includes:

  1. Location of key documents,
  2. Location of life insurance policies,
  3. Information about investments,
  4. Location of safety deposit box,
  5. Names, addresses and phone numbers of advisors.