Wealth Advisors Network Service Profile

ESTATE PLANNING
Provided by Wealth Advisors Network, Inc.

Description:
The estate planning process involves a series of independent decisions that have consequences both during your lifetime and after your death. When considered in their entirety, these decisions help enable you to achieve your financial objectives with respect to assets that make up your estate. While each individual is unique, most people are concerned with the following issues when structuring an estate plan:

Building and preserving assets while ensuring sufficiency of income during your lifetime;

Minimizing transfer taxes;

Ensuring liquidity for the estate and any survivors

Being confident that the estate will be handled and assets distributed according to your wishes.

Benefits:
The estate planning professionals with Wealth Advisors Network, Inc. utilize a team approach in developing an estate plan which may include the CPA/financial advisor; an attorney who specializes in estate, probate, and/or tax law; appraisers or valuation analysts; life insurance underwriters; and trust officers. This approach assures that you receive the full benefit of each professional’s knowledge and will keep everyone on your estate planning team informed.

Many people forget some of the assets that may be included in their estate. We can help you determine the value of your estate as defined by the IRS. Since estate tax laws are changing, we will discuss current laws and tell you how they may affect your estate. There are a number of other considerations that we will address with you regarding your estate. Our professionals also actively assist in the administration process of estates and trusts at death.

An effective estate plan can assure that a trusted individual of your choosing has been designated to handle the financial affairs of your estate at your death or in the event of incapacity. An estate plan assures that assets will be distributed in the manner and with the time constraints that you select so that, for instance, children who are too young or immature to handle significant amounts of money or a business will not be given that responsibility until a time that you determine. An estate plan may also establish charitable intent, allowing you to determine amounts and recipients of gifts you wish to make.

Process:

Discuss goals and objectives with a Wealth Advisors Network estate planning professional

We can review current wills and trusts to determine if goals and objectives will be met

You will be asked to gather financial data concerning assets and how they are titled, liabilities, expected inheritances, and anticipated obligations

We can determine the potential value of your estate and project possible estate taxes

We can help assess liquidity needs for your family obligations and taxes

Our professionals can develop a comprehensive plan for distribution of assets upon your death, working with other professionals on your estate planning team

We should plan to revisit the estate plan as circumstances change significantly, or at least every three to five years

Securities offered through 1st Global Capital Corp. (1st Global Privacy Policy) Member FINRA, SIPC
Investment Advisory Services offered through Wealth Advisors Network, Inc., D/B/A Contryman Wealth Advisors.
Insurance services offered through 1st Global Insurance Services, Inc.. and/or Wealth Advisors Network, Inc.
Wealth Advisors Network, Inc., a Registered Investment Adviser, and 1st Global Capital Corp. are unaffiliated entities.
Currently, we have representatives licensed to offer securities and investment advisory services in Alaska, Arizona, Arkansas, California, Colorado, Illinois, Iowa, Kansas, Louisiana, Michigan, Minnesota, Missouri, Nebraska, New Mexico, Oklahoma, South Dakota, Texas, Washington, Wisconsin, and Wyoming
This is not a solicitation or offer to sell securities to residents of any other state.
CPA services provided only through Contryman Associates, P.C., and other licensed CPA firms.