Trust & Estate Planning
We Focus on an entire Estate Plan Not just an Express Living Trust or Will
Preserve
With our trust strategy you will access individualized tax planning to help you keep as much of your money in your pockets as possible.
Prosper
Imagine Retirement , financial planning and wealth management strategies to maximize your retirement fund.
Protection
We assist you with asset protection strategies in tangible assets and solutions to protect your assets and limit your peronal liablity.
Difference Between Express Living Trust vs. Will
A Private Express living trust, once signed, notarized, and funded, is a legally binding document that guarantees your plan for your estate will be executed as you wish. This is the confidence that a will cannot provide because, even though it is a legal document, it is subject to probate, where it is scrutinized and can be threatened.
A will does only 2 things:
- Distributes your assets to family and loved ones.
- Appoints a guardian for your minor children.
However when combine with a trust it becomes a strategy of true wealth protection.
At BWS Consolidated, we believe there is not a one-size-fits-all approach to estate planning.B.W.S can also assist you in deed transfer of your personal residence into your trust so that all of your assets are owned in one place protected by multiple trust for supreme protection. Once these steps have been completed, you will not need any more intervention from our wealth protection team – you have full control of your trust and after, your passing or incapacitation, your trustee will handle the distribution of your assets. Of course, we will still be here to assist you with questions or changes that need to be made.
Once you have received your Express living trust documents, it is important to execute your documents as soon as possible, meaning you must sign your trust and have it notarized to make it legal. We will assist you with funding your trust and can prepare any amendments you need if something changes.
Heres How It All Works!
Once you decide that an express living trust is the right option for you, we ask that you complete a questionnaire to tell us a little about yourself and your situation. After we receive your completed questionnaire, our estate planning specialist will contact you to schedule a teleconference to discuss your estate plan.
During the teleconference, your estate planning specialist will ask questions regarding how your estate will be distributed to your heirs, who will control this distribution, if you want to compensate your successor trustee, etc. You have the ability to customize your estate plan in many different ways.
- Asset Distribution
- Asset Protection
- Special Estate Planningd Ta
Leave A Legacy With Accuracy!
The estate planning alternative to avoid the hassle & cost of probate. leaving a Legacy with accuracy!
Here at BWS, We understand that you need more than just a will or a living trust. That is why we only focus on comprehensive estate plans that include:
- An Introduction and Overview that details and summarizes your trust-based estate plan.
- A Living Trust, Pour-Over Will that transfers any assets that you do not transfer into your trust during your lifetime.
- Personal Property Memorandum that specifically outlines to whom your specific personal effects are distributed upon your death. Specific Funding Instructions that will explain how to transfer your assets to your revocable/irrevocable trust so that they will avoid probate. A healthcare Power of Attorney,
- A Living Will,Durable or Financial Power of Attorney.
- A Certificate of Trust That streamlines the process when a financial institution or others in the event they request a copy of your Irrevocable Living Trust. This keeps the personal and financial information that is contained in the trust private.
Blue Wealth Solutions is a Proud member of the International Precious Metals Institute IPMI.
