Estate Strategy Questions Are Trending

KALAMAZOO, Mich. - Nov. 10, 2015 - PRLog -- We get a lot of questions on estate strategies, and it’s really no surprise. Families are making organized plans today so they can care for loved ones in the future.

It can be complicated. Don't go at it alone.

Estate strategies should include planning for the expected and the unexpected, and making sure your investments support your strategy. Your financial advisor can:

• Work with you and your estate-planning attorney to help you create a plan
• Ensure correct beneficiaries are listed
• Keep an eye on your entire financial picture

It's really about controlling how your assets are divided

Division and control. It's that simple. It doesn't matter how much money you have.

Whose strategy do you want – yours or the state's?

The laws of your state will set the strategy if you don’t. This means that without a plan, your family would have to follow the state's direction. Having a strategy can help ensure your wishes are followed in an orderly and structured manner, reducing potential delays and conflicts.

When to start

It's never too soon. And you should revisit your strategy after life events such as births, deaths, marriage, divorce, a prolonged sickness, or life changes due to an aging parent.

If you haven't reviewed your estate strategy in a while or if you don't have one in place, talk with your financial advisor along with your legal and tax professionals. Providing for loved ones is one of the greatest gifts to give. Be thoughtful in your approach.

Important Information:
Edward Jones, its employees and financial advisors are not estate planners and cannot provide tax or legal advice. You should consult your estate-planning attorney or qualified tax advisor regarding your situation.