It’s Not Too Late to Plan Your Estate

Jun 5th, 2024

Did you know six in ten American adults have no will or estate plan in place? (Caring.com) No one wants to be reminded of their own mortality or spend too much time thinking about what might happen once they’re gone. But here is some food for thought:

An estate plan allows you to rest easy knowing your future generations are protected.

Wondering where to start? We’ve gathered the five most important documents to begin your estate plan. While these documents may not be everything you need to get started, they will start your journey to peace of mind.

1. Will

A will allows you to specify who you want to inherit your property and other assets.

2. Power of Attorney

In the case that you become incapacitated, the individual named in this document can make financial decisions on your behalf.

3. Healthcare Directive

In the case that you become incapacitated, the individual named in this document can make medical decisions on your behalf.

4. Living Will

A document that defines medical treatments you would and would not want to be used to keep you alive or assigns someone to make that decision on your behalf.

5. Revocable Trust

Similar to a will, this document allows you to specify who you want to inherit your property but avoids probate, a court-supervised process.
At Financial Designs Wealth, we focus on providing simple solutions in a complex world. We walk our clients through every step of the process to ensure their estate plan is executed, providing a seamless transition to the next generation.

Ready to start planning?

Jennifer Valdes, Certified Financial Planner® is ready to secure your financial future.
Send An Email

Call: 786-388-0030

Visit: financialdesignswealth.comThis information is being provided for information purposes only and is not intended as a solicitation or recommendation, or offer of legal or tax advice. FD Wealth Management, LLC (FD Wealth) is an investment advisor located in Miami, Florida.   FD Wealth offers a broad range of investment advisory, brokerage and insurance products and services.   Employee benefits plans and insurance offered through FD Wealth’s affiliate, Financial Designs, Inc. Securities products offered through The Leaders Group, Inc., an unaffiliated broker-dealer, Member FINRA/SIPC. Investment advisory, brokerage and insurance services involve different types of fees, compensation arrangements, rights and responsibilities. For additional information, please refer to FD Wealth’s Form CRS (Client Relationship Summary) and Form ADV Part 2A available at https://adviserinfo.sec.gov.

Important Disclosures

This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment and opinions as of the date of writing and are subject to change at any time without notice. This is not intended to be used as a general guide to investing, or as a source of any specific recommendation, and it makes no implied or expressed recommendations concerning the manner in which clients’ accounts should or would be handled, as appropriate strategies depend on the client’s specific objectives. This commentary is not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. Investors should not assume that investments in any security, asset class, sector, market, or strategy discussed herein will be profitable and no representations are made that clients will be able to achieve a certain level of performance or avoid loss. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed as to its accuracy or reliability. These materials do not purport to contain all the relevant information that investors may wish to consider in making investment decisions and is not intended to be a substitute for exercising independent judgment. Any statements regarding future events constitute only subjective views or beliefs, are not guarantees or projections of performance, should not be relied on, are subject to change due to a variety of factors, including fluctuating market conditions, and involve inherent risks and uncertainties, both general and specific, many of which cannot be predicted or quantified and are beyond our control. Future results could differ materially and no assurance is given that these statements or assumptions are now or will prove to be accurate or complete in any way. Past performance is not a guarantee or a reliable indicator of future results. Investing in the markets is subject to certain risks including market, interest rate, issuer, credit and inflation risk; investments may be worth more or less than the original cost when redeemed. These materials were prepared by Dynamic Advisors Solutions, LLC, dba Dynamic Wealth Advisors, an unaffiliated SEC registered investment advisor and sub-advisor to Financial Designs Wealth Management, LLC (FD Wealth), an independently owned registered investment advisor. For additional information, please refer to FD Wealth’s Form ADV Part 2A Brochure publicly available on the SEC’s website (www.adviserinfo.sec.gov) or by contacting us at info@fdwealth.net.

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