Safeguarding Your Legacy
Secure your future. Start organizing your finances today.
Take control of your financial future with our easy-to-use Asset and Liability Organizer. This fillable PDF is designed to help you quickly and efficiently document your assets and liabilities, providing a clear snapshot of your financial health. Start planning today and make informed decisions for a secure tomorrow.
Comprehensive Estate Planning
Protecting Your Inheritance
Estate planning is about more than just distributing wealth – it's about creating a meaningful legacy, whether for your family, a beloved charity, or to cover final expenses.With the right estate plan, you can guarantee that your estate is managed and distributed as you intended, rather than being subjected to the default rules of your province.
At Statera Financial Planning, we help ensure that the essential documents for protecting your interests are constructed flawlessly through your lawyer.
Wills
A will governs the disposal and distribution of your estate upon your passing. It names your executor, sets forth guardianship for dependents, outlines asset beneficiaries, and reduces stress and strain on your loved ones during a difficult time.
Power of Attorney (POA)
A POA is vital for managing your financial affairs in the event that you are unable to do so yourself. Establishing a POA ensures that an individual you trust is tasked with maintaining your best interests and following your directives.
Health Directive
Health directives provide clear instructions on the level and type of health care you desire when you’re unable to give them yourself. Health directives prevent disagreement among loved ones, ensuring that your health care wishes are respected without contention.
Designating Beneficiaries
Strategizing your beneficiary designations is crucial for the protection of your family and estate. This protects certain investments and insurance policies, allowing these assets to be distributed without dispute and distribution delays.
Our role at Statera Financial Planners includes collaborating with your legal and accounting professionals in the discussion of wording, analyzing your current situation, strategizing tax planning, and identifying any missing components that will ensure the protection and proper distribution of your legacy.
To start crafting your legacy plan, connect with us today – we would be happy to help guide you through the process.
Life Insurance For Every Stage
Protecting Your Family's Future
Life insurance safeguards your family from debts, replaces lost income, and addresses posthumous tax issues that can impose a significant financial burden. It’s vital for those that want to provide:
Financial Security for Your Loved Ones
By having life insurance, you can ensure that your family members, dependents, or beneficiaries are financially protected and taken care of, even if you are no longer there to support them. The proceeds from this policy will help alleviate financial stress during a tough emotional time.
Coverage for Funeral and Final Expenses
The right insurance can help alleviate financial burden related to your funeral and final expenses, providing funds to cover funeral costs, burial expenses, and even outstanding medical bills. This allows your family to focus on adjusting without worrying about immediate financial obligations.
Income Replacement and Debt Protection
If you’re the primary earner in your family, your sudden absence can create financial instability. Life insurance can bridge this gap and give your family space to grieve by providing regular income payments to your loved ones, helping them maintain their lifestyle, pay bills, and meet financial commitments.
Whether it’s adjusting coverage, altering the insurance type, or simply ensuring that your policies are in line with personal changes, it’s essential you’re not under or over-insured. At Statera Financial Planners, we provide a thorough review of your current life insurance policies to ensure that you and your family are appropriately protected.
Reach out to us for a comprehensive analysis so that you can feel confident knowing that your most valuable assets – your life and your family – are safeguarded.
Trust Statera To Preserve Your Legacy
Planning your estate is a proactive approach to securing your legacy and safeguarding your family’s future. While these discussions can be sensitive, Statera Financial Planners is committed to guiding you with care, professionalism, and expertise throughout every step of this crucial planning process. For more information about any of the information listed above, please reach out to us directly or check out our complimentary resource page.
We look forward to connecting with you!
As financial planners, we do not provide specific tax and legal advice. You should always consult your accountant and/or lawyer where necessary. Because of the many ways a strategy may be impacted when segmented, we prefer to communicate collectively with your external professionals to ensure that all recommendations and action plans are in the overall best interest of you, with your professionals working with common goals in mind.
You are never obligated to act on our recommendations of products, services, or advice.