You’ve worked hard to accumulate assets and build your estate and you want to pass along as much as possible. SCU Wealth Consultants specialize in providing quality advice to protect the value of your estate and ensure that your beneficiaries receive the fruits of your labour. We offer a number of plans that allow you to accumulate money on a tax-deferred basis to pay necessary costs, such as probate fees, capital gains, and taxes on registered assets.
:: SPREAD THE WORD
Do the people who matter most to you know about your life insurance policy? After all, your coverage is designed to benefit your loved ones. And while we may have the details of your coverage, it’s essential to educate your family or other beneficiaries about your insurance.
You can spare your loved ones a great deal of anxiety and ensure they benefit as soon as possible by sharing your wishes for the policy proceeds and creating a list of essential information that includes:
- Details of where your policies and wills are kept. Consider leaving copies of policies with family members.
- Details of your life insurance policy.
- The names and contact information of your financial advisors, insurance agent, and lawyer, and how they can be contacted.
- Details of other insurance policies, including: employee benefits, disabilities policies, special liability policies, and auto and home coverage.
In addition to leaving a copy with your lawyer and
in your safety deposit box, we also recommend you consider distributing to
important family members. It’s also a good idea to have a discuss with key
family members and beneficiaries about your insurance coverage and reasoning
for your decisions to prevent problems down the road.
Call Wealth Management today at 1.800.728.6440. We can assist you with a strategy to educate your loved ones about your insurance coverage.