Protea Wealth Management: Estate Planning

In my ten years as a financial advisor, this is the area that is most ignored and yet causes the most angst, especially with clients of young children. I get it. This is HARD stuff.

Estate planning is a highly personalized process and is best done with the help of a qualified attorney. I work in tangent with these professionals to ensure that my clients have the appropriate documentation that typically extends well beyond drafting a will. Thorough planning means accounting for all your assets and providing they transfer as smoothly as possible to the people or entities you wish to receive them.

For those with minor children, it is essential to have safeguards for their protection, like listed guardians and, where applicable, a trust.