An estate plan is a documented plan for your assets in the event of your passing. While this is not something we want to think about often, it’s essential to put a plan into place so that your family doesn’t have to make these tough choices when you’re gone. An estate plan also puts the power in your hands to make charitable contributions and care for those you love.
Everyone needs a financial plan unique to their goals and desires, but there are a few “money management truths” that are smart strategies for everyone, regardless of income level or stage of life.
This series will go over the benefits of working with a financial advisor and prepare you for your first meeting so you know what to expect. One of the most important benefits of financial planning services is working with a tax specialist, which is why we started with this topic.
At OneAscent, we offer more than estate planning. Our Legacy Coaching program helps individuals and families focus on the kind of impact they want to leave behind both personally and financially. This guide will help you understand the inheritance planning process as a whole and ensure you are happy with how your money is used for generations to come.
You don’t have to be a financial expert to be an expert in your finances. However, many people cannot name the companies in their mutual fund. Neglecting your investments can lead to many unintended consequences. Investing with intentionality can lead to many unexpected benefits.
What is the difference between these investment strategies, and where do you fall?
Today’s investors have more options than ever in who they work with and how they invest. Because of the worldwide connections, investors can find advisors who truly understand their priorities and connect on a personal level. One of the greatest advantages modern investors have is the option to choose a sustainable investment strategy.
For any Christian investor, Scriptural beliefs drive everyday decisions, both big and small. How you conduct yourself, shop, raise your children, and structure your business are all modeled after Biblical teachings. The Bible offers instructions for just about every aspect of your life, including the way you invest. But the most important truths are hidden where you might not suspect.
Working with a financial advisor may seem like something that only wealthy investors do. However, according to the National Financial Education Council, this common misconception costs the average American $1,200 annually in unnecessary spending or savings loss.
For those who have children, the urge to protect and provide for them never ends. Even as they grow into adults and start building their own lives, we still want to ensure they never go without the things they want and need in life. However, when it comes to estate planning, is it wise to give your children everything you own as an inheritance?