If 2020 and the COVID-19 crisis taught us anything, it’s that nothing is certain. We need to help our clients plan ahead for every eventuality. And that means encouraging each of our clients to have an estate plan in place.
That’s why we’re excited to announce our partnership with EncorEstate Plans. We can now offer easy, quick, and affordable estate planning services to our clients.
Estate planning is one of the most misunderstood elements of financial planning — people assume they need millions in assets to create a plan, or they think the legal documents are too expensive and time consuming. Our partnership with Encore allows us to debunk these myths once and for all.
Estate planning is an important part of an overall financial plan and often times is viewed as something for the “wealthy” and that just couldn’t be further from the truth. This solution brings that often overlooked planning piece to main street, making it affordable and attainable for everyone, regardless of net-worth, said Garry Mize, President of Mize and Associates.
Our clients will simply answer questions around five big issues:
1. Who they want to inherit their assets.
2. How they want that transfer to go.
3. Who they want to take care of their finances if they can’t.
4. Who they want to take care of their health if they can’t.
5. Who they want to take care of their kids if they can’t.
In many ways, answering these questions is the hardest part. Encore not only has a team of estate planning experts creating and reviewing legal documents, they also partner with legal teams locally to make sure every estate plan complies with state and local rules. Documents are optimized as much as possible for tax savings and are created to incorporate as many “what if” scenarios as possible.
Clients ultimately receive a will, trust, certification of trust, general transfer, property agreement (if needed), financial power of attorney, medical power of attorney (or advanced health care directive), and HIPAA release. These documents come with instructions and explanations to make it easy for clients to sign confidently. (We’ll help clients ensure the documents are notarized.
“We wanted to start offering this service because it helps complete an overall financial plan, is affordable and Encore Estate Planning has a cutting-edge platform to help check that box,” said Garry Mize, President of Mize and Associates.
In addition to estate planning services, Mize and Associates provides financial planning products, services, and resources to help clients better understand how estate planning works and why it’s helpful regarding their overall financial picture. Regardless of your financial planning needs, be it insurance, financial planning, mortgage lending or estate planning, Mize and Associates can assist in helping you plan for the future and the retirement you desire.
Mize and Associates