Estate Planning

To protect your loved ones and provide for the next generation, you need a fiduciary that provides guidance, vigilance, and insight to carry out your intentions effectively and efficiently in estate planning. We are that fiduciary.

Estate Planning

Estate planning is all about protecting your loved ones and ensuring your assets are passed on to your heirs in the most efficient way possible. This process includes creating a comprehensive estate planning checklist to help clients decide who will receive their assets, how they will receive them, and who will handle the responsibilities in the event of incapacitation or death. Estate planning is one of the core components of our Clarity Formula®. We’re here to help walk you through every step of the process, helping you to understand the benefits of estate planning and answer any estate planning questions you may have, including what is estate planning and its importance.

Trust and Estate Planning for Individuals and Couples

Estate planning is an ongoing, comprehensive process. It requires a vigilant and creative mind to navigate a client’s financial needs and provide multi-faceted, strategic advice. One of the key benefits of wills and estate planning is the protection it offers to your beneficiaries. A crucial component of estate planning is designating heirs for your estate. Failing to do so may leave many important decisions up to the courts, which could not only allow your assets to pass in unintended ways, but the process can take years to complete, and the costs can rack up quickly. Even worse, it could cause relationships between beneficiaries to become damaged.

Estate Planning Services You Can Trust

Our estate planning services are wide-ranging and deeply individualized. HCR Wealth Advisors will integrate seamlessly with a client’s existing trust & estate attorney or provide valuable referrals to ensure our clients receive unbiased advice and service. The team will work together to ensure you are provided with unparalleled service to take advantage of all the benefits of estate planning that are relevant to your unique circumstances. If you currently have an estate plan in place, our estate planning advisor can analyze the distribution strategy and recommend changes. If you are just beginning the process, our team can help explain the foundational issues that arise, ensure that your estate plan aligns with your financial plan, and answer any estate planning questions you may have.

The team will consider and can provide information regarding:

  • Revocable & Irrevocable Living Trusts
  • Durable Powers of Attorney
  • Advanced Directives
  • Multi-Generational Planning
  • Trust Review
  • Account Title Review
  • Tax Reduction Analysis
  • Legacy Planning

You’ve done a tremendous job in building your wealth. At HCR Wealth Advisors, each and every estate planning financial advisor is here to ensure that wealth isn’t wasted on taxes, probate, or fighting amongst beneficiaries.

Creating a will and trust is a process we can handle seamlessly.

While most clients feel accomplished when they sign their trust, the process doesn’t end there. Clients also need to fund their trust. At HCR Wealth Advisors, we will walk you through all the steps to ensure this step is completed. This may include transferring real estate, bank accounts, investment accounts, business interests, and ensuring retirement accounts have properly listed beneficiaries. While these steps may seem overwhelming, by following our Clarity Formula®, this process will feel seamless.

As we all know, life happens, and things will change. That’s why we stay in front of our clients to help them understand what life changes require an update to your estate plan. And if no major changes have occurred, we stay apprised of potential estate and tax changes that may warrant an update.