Are you asking the RIGHT questions?
Are you asking the right questions about your money? If you don’t answer them, Uncle Sam will answer them for you.
Asking the right questions will lead you down the path to clarity, confidence, and peace of mind. Consider these common issues:
- How much do you want each of your heirs to receive from your estate?
- Do you want them to receive the funds outright or in a trust?
- Do you want to give all or some of your money to charity?
- Would you like to pay the least amount of estate taxes?
Traditional estate planning asks these questions and goes no further.
The problem with these questions is planning becomes no more than a business decision. So even if you’ve answered these questions … Have you really wrapped up everything that’s important? Not really…
Your wealth is about more than money! If your heart and your emotions were absent from the planning process, something is still missing.
Asking the right questions will lead you into a more meaningful wealth-planning experience and help you realize the full impact your wealth can have on the world around you.
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“What you leave in your children is more important than what you leave for them.”
-Jon and Eileen Gallo
Boomfish Wealth Group, LLC, DBA Wealth With No Regrets®, is registered as an investment adviser and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability. Content should not be viewed as personalized investment type of advice. All investment strategies have the potential for profit or loss. Tax, legal, and estate planning information is general in nature. Always consult an attorney or tax professional regarding your specific legal or tax situation. Investing involves risk, including the potential loss of principal. Any references to protection benefits generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Neither Boomfish Wealth Group, LLC, nor Wealth With No Regrets® is engaged in the practice of law or accounting. We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance and investment products to custom suit their needs and objectives This material is intended to provide general information to help you understand basic financial planning strategies and should not be construed as financial advice. All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. It is important that you do not use this information to request, authorize or effect the purchase or sale of any security, to send fund transfer instructions, or to effect any other transactions. Any such request, orders, or instructions that you send will not be accepted and will not be processed.
