Financial & Estate Planning

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 Financial and estate planning involves a comprehensive process that helps individuals and families achieve their financial goals and secure their financial future. It involves several key aspects, each addressing a different component of personal finance. 

We all have an idea of what our future looks like or rather what we want it to look like.  We know that with some perseverance, a little "know-how" and a written goal, our dreams can come true.

 So, what are your short term, mid term and long term goals ?

How much do we need to save for vacation, an emergency, or retirement, or that new boat?

The numbers coming in and the numbers going out...this is where you track your spending and saving. 

Do you have mechanisms in place to track spending?

Do you have a budget in place so you know where your money is going?

 How can you effectively manage your finances without preparing for emergencies, setting aside money for both short-term and long-term goals, developing an investment plan that considers risk tolerance and time horizon, contributing to tax-advantaged retirement accounts, saving for future education expenses, diversifying investments, and maximizing tax benefits through efficient investing and available deductions and credits?  Well, let's talk, that's our thing.

 How can you ensure comprehensive financial protection without securing adequate health coverage, providing financial security for your dependents with life insurance, protecting your income with disability insurance, safeguarding your assets like homes and cars with property and casualty insurance, and shielding yourself from legal claims with liability insurance? 

 Look, we live in a fast paced, got to have it now world.  Understanding credit and being able to limit your debt will help go a long way in your future.

 How can you effectively manage your debts without evaluating all outstanding obligations, developing a repayment strategy that prioritizes high-interest debt, and maintaining a good credit score through responsible credit usage and timely payments? 

Estate planning is essentially about the transfer of money and property.  Knowing who gets what, how and when.  You can control these things and make things much smoother for your heirs if you have certain legal instruments in place. 

• How can you ensure your estate is managed and distributed according to your wishes? 
•  Do you have legal documents, keeping beneficiary designations up to date, designating someone to make financial and healthcare decisions if incapacitated, and outlining your medical treatment preferences?

• Periodic Reviews: Regularly reviewing financial plans to ensure they remain aligned with changing goals and circumstances.
• Adjustments: Making necessary adjustments to the plan in response to life changes, such as marriage, children, career changes, or market conditions.
• Professional Advice: Seeking advice from financial advisors, tax professionals, and estate planners to ensure comprehensive planning.

Let's Get Started!

• Contact us for a complimentary review of your current status so we can help you achieve your goals!  
• Email michael@greaterpromisefinancial.com
• Call me 689-220-1984
• Schedule an appointment:
• https://michaelwardeh.insurance-pro.org/book-now