Estate Planning

INTRODUCTION

Your estate consists of all the property you own, whatever it is worth, and wherever it is located. Estate planning is the systematic development and updating of goals, policies, and procedures for all of the property you own. However, estate planning isn't truly about things; it's about people. At the heart of estate planning, people aren't as concerned about what happens to their assets; they are more concerned about what will happen to their families.

Estate planning isn’t just for older or wealth people. It isn’t complex and expensive. Our process involves a Rockfleet advisor asking you simple questions to which you already know the answers. From there, a licensed attorney from our network helps create high quality documents that ensure that your wishes are accurately carried out. Your Rockfleet advisor can then assist you in funding your trust, if a trust-based plan is chosen.

Proper estate planning allows you to:

• Preserve your estate for your loved ones and stay in control for as long as possible
• Direct who is going to receive your estate, including when and how much your beneficiaries will receive
• Identify who oversees your finances if you’re sick or disabled
• Identify who makes medical decisions for you if you’re sick or disabled
• Ensure your wishes are fulfilled after death
• Minimize and/or eliminates the costly and time consuming probate process
• Establish guardianship for minor children
• Provide peace of mind and reduces stress on your family
• Avoid unnecessary taxes, fees and commissions