This no-cost, no-obligation workshop is hosted by J.C. Hallman of MEMBERS Financial Services at Mid Oregon Credit Union,
Have you ever written a friend’s or family member’s name on the back of something precious to you? Perhaps a family heirloom, a scrapbook, or even a set of golf clubs… you feel good knowing these things will be inherited by someone who will appreciate them as much as you did.
Do you have that same feeling about your monetary wealth? Many of us don’t. However, there is a way you can set a portion of your money aside with a name on it, for you to control now, and for that person to control after you’re gone. It’s called wealth transfer, and there’s a simple solution.
As people approach retirement they generally begin to divide their money into two categories:
- The money (and any income on that money) you’ll “live-on” during your retirement.
- The money you wish to “leave-on” as a legacy to your children, grandchildren, or charity.
How you plan to transfer your “leave-on” money makes a difference. Some wealth transfer methods may lead to higher taxes for you or your loved ones. When properly structured, your wealth transfer plan can be simple to establish and can leave a lasting legacy. Permanent life insurance can provide a simple solution to help create your lasting legacy.
Could your legacy, or your “leave-on” money, be in a better place? Find out if this makes sense for you by attending this upcoming informational workshop, “Wealth Transfer – Simple Solutions, Lasting Legacy”.
