Rearranging your affairs so loved ones receive what you want them to in a timely fashion.

Allowing Forward Thinking Financial to help you plan your estate will remove the burden from your loved ones and allow a smooth transition of assets after death. Many couples prepare their finances for the death of the first spouse and do not think about what will happen after the second death. This can make the transfer of assets to beneficiaries lengthy and not guarantee that your loved ones will receive what you want them to. It is important to go through the whole process and make sure nothing is left to chance when you and your partner are gone. Estate planning will also help to minimize the taxes and expenses of your estate, provide a smooth and quick transfer of assets and properly protect your beneficiaries.

Insurance Planning:

Insurance planning can help ease the burden felt by loved ones after your death. Once both you and your spouse die, the some assets passed on to your heirs will be subjected to capital gains tax, and this tax must be paid before the assets will be released to them. One way to pay for this tax is through life insurance. Insurance planning can also make sure there is money to support a loved one, or make a donation to charity.

Working with Accountants and Lawyers:

Forward Thinking Financial will help you find the right Accountant and Lawyer for your estate planning needs. Working with accountants and lawyers will ensure that your estate will be handled properly and the way you want it to upon death.

Term Life:

Term Life Insurance can be used to help with short term estate issues such as paying off a mortgage. It is a great option for those looking for life insurance without a long term commitment to a large premium, or wishing to combine coverage with a savings account. Term Life is available for periods of 10, 15, 20, 25 and 30 years and are renewable.

Universal Life:

This type of Insurance coverage also comes with a tax deferred savings account, providing the policyholder with a stable long term investment. There are also no renewals to deal with in this form of coverage.

Rearranging your affairs so loved ones receive what you want them to in a timely fashion.

Allowing Forward Thinking Financial to help you plan your estate will remove the burden from your loved ones and allow a smooth transition of assets after death. Many couples prepare their finances for the death of the first spouse and do not think about what will happen after the second death. This can make the transfer of assets to beneficiaries lengthy and not guarantee that your loved ones will receive what you want them to. It is important to go through the whole process and make sure nothing is left to chance when you and your partner are gone. Estate planning will also help to minimize the taxes and expenses of your estate, provide a smooth and quick transfer of assets and properly protect your beneficiaries.

Insurance Planning:

Insurance planning can help ease the burden felt by loved ones after your death. Once both you and your spouse die, the some assets passed on to your heirs will be subjected to capital gains tax, and this tax must be paid before the assets will be released to them. One way to pay for this tax is through life insurance. Insurance planning can also make sure there is money to support a loved one, or make a donation to charity.

Working with Accountants and Lawyers:

Forward Thinking Financial will help you find the right Accountant and Lawyer for your estate planning needs. Working with accountants and lawyers will ensure that your estate will be handled properly and the way you want it to upon death.

Term Life:

Term Life Insurance can be used to help with short term estate issues such as paying off a mortgage. It is a great option for those looking for life insurance without a long term commitment to a large premium, or wishing to combine coverage with a savings account. Term Life is available for periods of 10, 15, 20, 25 and 30 years and are renewable.

Universal Life:

This type of Insurance coverage also comes with a tax deferred savings account, providing the policyholder with a stable long term investment. There are also no renewals to deal with in this form of coverage.