Preserving assets and transferring an estate to family members and heirs can be complicated and confusing. Regardless of the size of your estate, it is important to plan what will happen to it eventually. We help you articulate your estate planning needs and wishes to develop a plan that works for you and your family. We also coordinate the work of other professionals who may be involved, such as attorneys and CPAs.
We know how important it is to safeguard important estate planning and tax documents. Through our Wealth Management System software copies of your private documents, such as wills, trusts, tax returns, deeds, insurance policies and beneficiary designations can be uploaded to a secure online repository and available instantly as long as an internet connection is available.
Assets held outside your will – including life insurance contracts, IRAs and employer-sponsored retirement plan accounts – will pass directly to the beneficiaries you’ve named to receive them. Consequently, it is necessary to keep such beneficiary designations up-to-date and accurate. Thomson Investment Group realizes the importance to review beneficiary designations and at each account review this and proper estate planning documents will be encouraged.