Does Everyone Need Estate Planning?

Estate planning is one of those financial life steps that are very important, yet few people are ever taught about it, and even fewer end up doing it. This is understandable, as most people never even speak to a Dallas financial advisor until they are well into their working years. With Retire Guides, it’s easier for you to stay on course to retirement because we will provide you with helpful benchmarks and assist you in reaching major milestones. But what about planning for what comes after? While some might dismiss estate planning as just more inconvenient paperwork, it is in fact a powerful tool that, along with some Dallas retirement planning, can ensure that your legacy is secured not just within your lifetime, but for generations to come. Here’s what every Dallas retirement financial advisor will tell you about the importance of estate planning. 

Estate Planning vs Dallas Retirement Planning

So what’s the difference between Dallas retirement planning and estate planning? Both involve sitting down with your Dallas financial advisor to plot out what your long-term lifestyle and financial goals are and putting together a plan to make them a reality. The difference is when each plan comes into effect. Dallas retirement planning is all about how to grow your assets through savings and a variety of investment instruments, all in order to put away something for your retirement and major expenses. Estate planning is all about what happens to those assets after you’ve passed on. Retire Guides is here to help you navigate and enjoy your retirement with a retirement plan customized to your unique goals, along with an estate plan to help those you leave behind with what comes after.

Estate Planning Picks Up Where Dallas Retirement Planning Leaves Off

There are those who wonder what the use of estate planning is. After all, some may think “It’s not my problem anymore.” once they’ve passed. However, there is the matter of the loved ones and the heirs we leave behind. Any Dallas retirement financial advisor will tell you that those who leave behind assets but no estate plan end up subjecting their loved ones to plenty of anguish and uncertainty. Without an estate plan, questions of the validity of any will you leave behind may arise. Lawyers will have to be called in to identify and tabulate your assets and properties, and punishing estate taxes may be levied on your heirs and beneficiaries. All this trouble and aggravation for your loved ones can be avoided by taking the time to sit down with a Dallas financial advisor to do your estate planning. 

Make Your Dreams Reality Through Dallas Retirement Planning and Estate Planning

As your Dallas retirement financial advisor, Retire Guides will provide you with helpful benchmarks and assist you in reaching major milestones both in your lifetime and beyond. With Retire Guides, it’s easier for you to stay on course to retirement and with securing the legacy you leave behind. We’re here to help you navigate and enjoy your retirement with a retirement plan and estate plan customized to your unique goals. Give us a call and let’s start your journey today!