Many people are reluctant to begin estate planning due to the emotional issues associated with it. Still it is one of the most important services we provide here at Brook Wealth Management. Working in concert with your attorney, we help to ensure that your wishes are planned for. Here are some samples of the types of issues we help with.

 

            “Are the beneficiaries up-to-date for your retirement plan?”

 

Many people open or enroll in a retirement plan before they are married or have children. Old beneficiary information can inadvertently disinherit a loved one.

 

            “Yes we have a will. It was prepared fifteen years ago.”

 

An out of date will can cause almost as many issues as no will at all. 

 

            “What is a trust and do we need one?”

 

When appropriate, a trust can be a powerful planning tool. Your desires and complexity of your estate will determine how trusts might fit into your estate plan.

 

            “Our estate is too small. We don’t need estate planning.”

 

All estates could suffer from costs, delays and lack of privacy involved with probate. If these items concern you, size is irrelevant.

 

These are just some of the many issues and situation we can help you with.