Estate Planning in Melbourne, FL

Estate planning sign on a wooden pier with tall buildings in the background

Effective Legacy & Estate Planning for Retirees

Effective estate planning involves much more than having a last will and testament. Estate planning can help manage your financial affairs during your lifetime and help you control the distribution of your wealth after death through legacy planning.

An effective estate planning strategy can spell out your healthcare wishes and help ensure that they’re carried out – even if you are unable to communicate. It can even designate someone to manage your financial affairs should you be unable to do so.

Wills, Trusts, and Estate Attorneys

Without an estate plan, your assets could end up getting tied up in the probate process. As a result, your family could be burdened with the unnecessary stress and legal fees of having to hire a probate lawyer during what will already be a difficult time.

It’s important to realize that estate planning isn’t just about preserving and distributing your assets after you’ve died. Estate planning is a crucial part of preserving and managing those assets during your retirement years as well.

When it comes to estate planning, the basic package consists of having a will, a living trust, and some form of power of attorney in place for making financial and/or healthcare decisions. It won’t cost you a lot to get these items in place, and the peace of mind these estate planning tools can provide is priceless.

Get Your Estate and Legacy Planning Consultation with Arbor Financial 

Through our long-standing relationships with legal financial professionals in the area, we can recommend a qualified trust and estate lawyer/attorney to provide legal advice and write the required documents. Plus, they’ll often give you a discount because of our relationship with them. Contact Arbor Financial in Melbourne, FL to protect your legacy and beneficiaries.

Arbor Financial Services of Florida is a full-service financial firm dedicated to helping those in the Melbourne, FL area meet their long-term financial goals. Our team of financial advisors and wealth managers are experienced in helping clients preserve their savings, so they can use it as a source of steady income in retirement.

Copyright © 2022 Arbor Financial Services of Florida. All written content on this site is for informational purposes only. Opinions expressed herein are solely those of Sound Income Strategies and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. Investing involves risk. There is always the potential of losing money when you invest in securities. Asset allocation, diversification and rebalancing do not ensure a profit or help protect against loss in declining markets. All information and ideas should be discussed in detail with your individual advisor prior to implementation. The presence of this website, and the material contained within, shall in no way be construed or interpreted as a solicitation or recommendation for the purchase or sale of any security or investment strategy. In addition, the presence of this website should not be interpreted as a solicitation for Investment Advisory Services to any residents of states where otherwise legally permitted to conduct business. Fee-based financial planning and Investment Advisory Services are offered by Sound Income Strategies, LLC, an SEC Registered Investment Advisory firm. © 2022 Sound Income Strategies.

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