When you’re thinking about leaving a legacy with your estate, you face three major challenges. First, taxes can be a source of confusion and frustration. Every asset has the potential to be taxed differently. There are three groups that go after your assets when you pass away: heirs, charity, and ‘Uncle Sam.’ With proper planning, you can choose any two out of these three to bless!
The second challenge of legacy planning is long-term illness. With costs exceeding $100,000 per year for skilled nursing care, you must understand ways to protect your assets from the effects of long-term illness. Ambassador Advisors’ experts can help you calculate how much your long-term care might cost, and then ensure you plan appropriately.
The final challenge is lack of communication. Although often overlooked, the impact of your decisions on family members can be massive. Including them in your process and educating them on your core values can be a vital time of growth and a caring expression of love.
Click on the picture below to view the Family Legacy Journey PDF, which will give you a look at the unique process of leaving a “message of caring” for your family.
United Methodist Communities has partnered with Ambassador Advisors, a trusted financial and legacy planning firm, for more than a decade. Ambassador can help you and your family dream more, plan more and do more with the assets God has provided for you. Their contact information can be found below.
1755 Oregon Pike, Suite 100 Lancaster, PA 17601-4272
Toll Free: (800) 395-7660
Phone: (717) 560-8300
Fax: (717) 560-8387