Estate Planning
Secure Your Legacy
Estate planning is more than just organizing your assets – it’s about protecting your legacy, securing your family’s future, and ensuring your wishes are honored. A comprehensive estate plan includes strategies for distributing assets, reducing taxes, and setting up safeguards for loved ones.
By proactively addressing estate planning, you take control of decisions about your property, healthcare, and finances. Whether you’re starting small or tackling complex needs, professional guidance can help tailor a plan that aligns with your values and goals.
FREE Estate Planning Webinar
Learn why creating an estate plan is crucial for securing your assets and ensuring your wishes are carried out.
Estate Planning Services
Although we are not attorneys, PalomarWealth can facilitate the creation of your estate plan by providing you access to our partner, EncorEstate Plans, and their software. Our team coordinates information to help provide you with an estate plan in a time-efficient and cost-effective manner.
Review process
Your estate plan is then prepared and reviewed in 7-10 business days by leading industry professionals (estate planners/attorneys) to give you a professional estate plan.
What's included?
Your plan includes a revocable trust, will, financial power of attorney, medical power of attorney, and other documents. We will provide you with the support you need to make informed decisions to complete the process.
Who can use EncorEstate Plans?
Approximately 75% of estate plans are appropriate for this system. If you are disinheriting children, feel like you have heirs that will litigate after your death, or have extremely unusual beneficiary needs, this system is not a good fit for you. We can refer you to one of our local estate planning attorneys for these needs.
- If you have a young and growing family and want to provide for your children in a responsible manner (spacing out distributions over time), this system is for you.
- If you have put off doing your estate plan for YEARS because of cost, logistics in meeting with an attorney, or a simple lack of desire to talk about the inevitable, this system is for you.
- The system can also handle situations where you may have a special needs child or a child who is not financially responsible.
Questions to Consider
1. Beneficiaries – Who is going to get everything?
2. Method of Distribution – How are the beneficiaries going to get everything (ages, no restrictions, etc.)?
3. Trustee, Executor & Power of Attorney – Who will make financial decisions for you if you cannot?
4. Health Care Power of Attorney – Who will make health care decisions for you if you cannot?
5. Guardian – Who will have physical custody of minor children (if necessary)?
Already have an Estate Plan?
No problem! We can review your existing documents and provide a list of follow-up questions to see if your estate plan is up to date. If you know things have changed, EncorEstate Plans can create brand new documents for you while using your existing trust name and date, which prevents having to re-register assets already in the trust.
Critical Estate Documents
Sound estate management includes creating essential financial and healthcare documents
Estate Planning Checklist
Is your estate in order? This short quiz may help you assess your overall strategy
And the Executor Is...
The right executor may help ensure assets are distributed as smoothly as possible
When Do I Start?
Estate planning might seem like a long way off - here are 4 reasons to start now
Yours, Mine & Ours
If you're in a second marriage, you may need to revisit your existing estate strategy
Imperfect Heirs
Here are some ideas to protect an inheritance from being squandered or misused