The 10 Reasons to Have an Estate Plan illustrates why it’s important to protect your assets and loved ones as part of your overall financial plan.
An estate plan helps you clearly define how you want your property, investments, and personal belongings to be handled, minimizing the risk of conflict and ensuring that your loved ones are provided for in the manner you intended.
Professional advice helps to ensure an estate plan is set up as part of an overall financial plan.
In Canada, having an estate plan is crucial because it ensures that your assets are distributed according to your wishes after you pass away. Without a plan, your estate could be subjected to lengthy probate processes and legal battles, potentially leading to disputes among family members and delays in asset distribution.
An estate plan can help manage taxes and other financial matters more efficiently. By incorporating strategies like trusts or gifting, you can mitigate tax implications and maximize the value that gets passed on to your beneficiaries. Proper planning also includes appointing trusted individuals to make decisions on your behalf if you become incapacitated, ensuring that your medical and financial affairs are managed according to your preferences.
Sharing the 10 Reasons to Have an Estate Plan infographic is a strategic way to educate clients on the importance of comprehensive estate planning. This visual tool highlights key benefits in a clear, engaging manner, making it easier for clients to understand why they need a plan. By using the infographic, advisors can start discussions about estate planning, address any misconceptions, and encourage clients to take action. This proactive approach not only helps clients secure their financial futures but also strengthens the advisor-client relationship by showcasing the advisor’s expertise and commitment to thorough financial planning.
Estate Planning calculators allow Advisors to walk their clients through various scenarios to help them plan and save for the future. Companion calculators include:
• Probate Fees Calculator
• Estate Planning Checklist
• Taxes at Death Calculator
• Charitable Donation Calculator
Communicate Complex Concepts
Financial infographics are an effective way to take complex ideas, filled with data and facts and simplifying the story using with visuals. When clients and prospects gain insights quickly, the content is more memorable.
Current & Shareable
Manage your client communications with current and timely vibrant infographics to share on social media, via email, in meetings or mailings.
Personalized
Infographics are personalized with the advisor name, contact information and company logo. This infographic is also included in FreshPlan software.