Estate Planning

For some people, financial planning is mainly concerned with how best to go about building a nest egg, and how to make it last through retirement. But for many, there is a desire to ensure their estate delivers benefits beyond their own retirement, and produces a lasting legacy even after they have passed.

Why Estate Planning is Important

If you wish to leave behind a lasting legacy, whether it’s for family and loved ones or a charitable institution, then you need to put a well-thought-out Estate Plan in place, so your legacy is established in accordance with your wishes. Without such a Plan, strangers (the State, Lawyers or individuals that don’t have your interests in mind) could determine what happens to your Estate.

If you wish to ensure that you are in control of what happens to your estate, and if you want to guarantee that your estate is handled in accordance with your directives, then having an Estate Plan is paramount.

What We Can Do For You

Our Estate Planning service includes:

Our professional financial advisors work with you and your attorney during both the development and implementation of an estate plan. As an expert on your finances, your BBFA financial advisor can make sure you ask the right questions when meeting with your estate attorney. It is our goal to help you minimize the amount paid in taxes, legal fees, and court costs associated with fulfilling your estate plan.

A California estate planning attorney specializes in creating a secure estate plan that includes all your assets. However, attorneys do not have ongoing access to information about your personal assets or financial accounts. Instead, they draft estate plans based on the information that you’re able to provide. Just one forgotten bank account or property can be problematic down the line.

This is where your financial advisor can prove most beneficial. Because financial advisors have access to and knowledge of your entire financial portfolio, they are the expert on your assets and investments. We can work with you and your California estate planning attorney to ensure that all your estate plan is comprehensive.