Estate Planning Ensures Your Assets are Protected

Estate planning is something that can benefit you at various stages of your lifetime.

An effective plan will ensure that ownership and control of your assets passes to your intended beneficiaries in the correct proportions and in a way that minimizes the amount of tax taken out on the income and capital gains earned on those assets. Furthermore, it will protect those assets should a beneficiary be involved in situations like bankruptcy or divorce.

Calculate My FREE Annuity Quote Now!

  • Optional: For a 2-person annuity (joint lives)

No agent will call you

Your privacy is guaranteed.
Find advanced calculator options here.

Get quick answers to your annuity questions: Call 800-872-6684 (9-5 EST)

If you have a will or a trust policy in place, it might still be necessary to delve further into your estate planning. A will controls the flow of your personal property, but it does not control what passes by beneficiary designation (life insurance, IRAs, annuities, retirement plans, Transfer on Death agreements), by contract (joint tenancy with rights of survivorship), or by trust. While a will is an important aspect of estate planning, you should also focus on establishing financials goals, understanding what must be done to accomplish the goals, planning the actions needed to accomplish the goals and taking those needed actions.

To plan for a secure retirement and the future financial security of your family after you are gone, getting the right advice from a combination of your legal adviser and a qualified financial adviser is vitally important. Your estate planning advisers need to understand annuities and other investments, income tax laws (federal and state), estate tax laws (federal and state), life insurance products, property and liability insurance, and state laws concerning guardianship, conservator-ship, and testacy and intestacy,.

Estate planning is for managing your wealth and how it will be used during your lifetime and distributed at your death. A solid estate plan will help you achieve your financial goals during your lifetime and protect and preserve property you leave for your spouse, children and grandchildren, disabled heirs, or your charitable interests.

Testimonial Image
We wanted to establish a bit of extra income. There was a good recommendation about on CNN. We also liked that we could see excellent reviews about them on Google. They were very thorough from our first inquiry to when we decided to buy our annuity from Mass Mutual. They always answered our questions promptly and followed up with the insurance company, too. We have been receiving our monthly payments since last November and couldn’t be happier. What more can we say?
Keith and Samantha Isley
Read 650+ verified reviews

We'd love to hear from you!

Please post your comment or question. It's completely safe – we never publish your email address.

Add a new comment: (Allowed tags: <b><i>)

Comments (0)

There are no comments yet. Do you have any questions?