Estate Planning

Estate Planning
When it comes to Estate Planning, what's not done is often the biggest mistake made. Even people who realize the importance of proper planning often don't have a plan in place.

Without an estate plan in place, federal and state laws dictate how property, personal items and assets are divided, with no regard to the individual's wishes. Conflicts due to family issues and legal problems often result, tying up the estate and slowing down the distribution of assets. Additional administrative expenses and taxes, which must be deducted from the estate, can also reduce its overall value.

For assistance on your Estate Planning needs please contact Bruce Gendelman at our Agency.

Life Insurance
The main purpose of life insurance is to provide financial security for your family. It helps to ensure that when you die your family will have the financial resources it needs to provide for your spouse, children, and elderly parent or some other dependent. However, life insurance also may be used to meet a variety of long-term financial planning goals. It can help provide educational funds for your children or funds for your own retirement. The questions that most families and individuals have, then, is " How much life insurance do I need? " The answer depends largely on your family's individual circumstances.

For assistance with your Life Insurance needs or to obtain a quote, please contact Beth Hess at our Agency.