Wealth Management
Protect Your Financial Legacy
We understand that the thought of your eventual passing can cause you to feel uneasy. However, it’s important to prepare for this eventuality, to protect your family.
The team from Guardian Financial Management in Flower Mound, Texas, can help you effectively strategize your estate planning to protect your family after your death. This allows your loved ones to continue to live comfortably and maintain their quality of life.
Estate Planning
One of our experienced professionals can help simplify the process of estate planning. We can help explain possible vehicles, planning, and implementation processes of estate planning. Additionally, we will navigate tax laws, stay up to date with changes in the field, and communicate this information to you. This way, you can focus on enjoying a comfortable retirement without additional stress.
Life Insurance
Life insurance helps protect your loved ones in the event of your passing. It’s important that your insurance contract includes funeral and estate costs, as well as income. Generally, you will want to find coverage between five and seven times your gross annual income, which can allow your family to maintain their standard of living.
Insurance can fall into one of two categories: term and permanent. Term insurance may provide financial coverage for a specified amount of time if you die within a specific period. A level premium term policy allows you to pay the same amount of premium from the first day of the policy until the term ends. The other option is a permanent insurance policy. With this, the insurance will remain in effect for the rest of your life, so long as you continue to pay for the premium. You will pay a premium for all forms of life insurance.
Trusts
Trusts are a financial product that may provide flexibility and an advantageous means to transfer your assets in the future. Many trusts offer benefits such as tax deferrals and deductions. While helpful, their setup and execution can be complex.
You may want to consider a trust due to the many benefits they offer, such as avoiding the need for probate as a will would necessitate. A consultation with a qualified estate planning professional can assist you with the process of opening a trust.
Probate & Will Planning
Probate is the legal process that oversees the transfer of your assets following your death. Creating a will or trust can help create a plan for your property and other assets. If these plans are not created before your death, your estate will go through a process called intestate succession. In this scenario, the state will decide what happens to your estate. This can result in your property not transferring where you would like. One of our qualified estate planning attorneys can help you draw up a will to divide your estate according to your wishes.
Take Your First Step
Contact Us
Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Guardian Financial Management are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.
The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.
Registered Investment Advisors and Investment Advisor Representatives act as fiduciaries for all of our investment management clients. We have an obligation to act in the best interests of our clients and to make full disclosure of any conflicts of interests. Please refer to our firm brochure, the ADV 2A item 4, for additional information.
Any comments regarding safe and secure products, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims’ paying ability of the issuing company and are not offered by Brookstone.
