Only 18% of Americans over age 55 have all three essential elements of an estate plan: a will, a healthcare directive and a durable power of attorney.1


 

Things to consider

As retirement nears, you know you need to get your financial house in order. The benefits are clear: more control over your healthcare wishes and your legacy, as well as greater financial peace of mind for you and your beneficiaries.

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Care for special needs

If you have a loved one with a disability, consider planning for their continued care with a Special Needs Trust.

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Treat assets differently

Consider finding an appropriate balance of caution and aggressiveness when it comes to different assets.

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Update beneficiary designations

When it comes to many assets, your beneficiary designations take precedence over any stipulations made in your will.

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Ensure estate liquidity

Life insurance death benefits can offer a tax-efficient way to transfer wealth and provide needed liquidity to your estate.

1Merrill Lynch/AgeWave Study, February 2019

What to ask your Janney Financial Advisor

  • How can you help me to better prepare my estate to reflect my wishes?
  • Could life insurance and/or a trust make transferring my wealth easier and more tax-efficient?
  • How do I set aside money for the care of a special needs loved one without impact their benefit eligibility?
  • Who should I choose to serve as Executor of my estate?

Talk with a Janney Financial Advisor

You don’t need to go it alone. Wherever you are on your wealth journey, we can build a tailored financial plan and make recommendations that are aligned with your best interest and unique needs, goals, and preferences. Contact us today to discuss how we can put a plan in place designed to help you reach your financial goals.

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