Estate Planning
Living Will and Trust
67% of Americans have no estate plan.
Life Lite Financial knows that in an instant everything can change. We help business owners, families and individuals put a plan in place to protect what they cherish most.
There are two ways to plan – your plan, creating a trust and will to protect your property, bank accounts and legacy; or probate, the government’s plan.
An up-to-date Last Will and Testament or Revocable Living Trust are important documents that should be considered “must haves” for everyone. Keep in mind that a Will generally means it will have to go through the expense and time delays of Probate Court. Further, a Will is a “wish document” meaning that, different than a Revocable Living Trust, it can be altered through the Probate Court proceedings based on the decisions of the presiding judge. The Will only takes effect at the time of death, whereas a Revocable Living Trust is designed to provide certain benefits to an individual or couple during their lifetime.
The following are included in a Comprehensive Estate Plan:
1. Revocable Living Trust
2. A Durable Power of Attorney for financial matters
3. A Durable Power of Attorney for medical matters
4. Current and/or updated beneficiary designation forms for
- Life Insurance
- Retirement accounts
- Other relevant assets
5. Specific Requests – The designees for who you want to get what and when they are to
receive it.
We partner with top attorneys to create your estate documents at a cost you can afford, to help you save money and get the protection you need.
Other Ways We Can Serve You
Life Insurance or Final Expenses
Life Insurance or Final Expenses
Life Insurance or Final Expenses
Will your family have enough to be financially sound in your absence if the worst should happen? Or at least be able to pay for your funeral and living expenses until they get back on their feet without feeling burdened? If not, let us help provide that peace of mind. No medical exam required.
Retirement Planning
Life Insurance or Final Expenses
Life Insurance or Final Expenses
Are you concerned about how to save for retirement as a small business owner? Do you wonder how you can maximize asset growth, create a tax-free sustainable income and protect your assets during your retirement years without exposure to market risk or the worry of running out of money? Reach out...we are here to help.
Funding Your Business
Life Insurance or Final Expenses
Funding Your Business
Are you struggling to find the financing you need to sustain and grow your business due to maxed out credit at your bank or a low credit score? Our proprietary technology evaluates your business based on its actual performance, not personal credit scores, setting us apart in the industry. Let us find funding for you!