If you want to ensure your family’s financial security, you need to plan ahead, and you can start by speaking to a financial advisor. Regardless of your particular situation, you will find a knowledgeable consultant at Evergreen Advisors in Covington, KY. Their experienced team will provide the financial advice that allows you to devise strategies to achieve your family’s ultimate goals.
3 Questions You Should Ask When Seeking Financial Advice
How Should I Transfer Assets to My Children?
Your financial consultant can help you determine the best way to transfer assets to your children, so neither party has to cover a significant tax burden. For example, if you want to pay for your child’s college tuition, you will be better off writing a check to the school directly than giving the money to your child, so you can avoid the need to file a gift tax return.
What Should I Include in My Estate Plan?
Life is unpredictable, and everyone should have a will regardless of their financial situation. An estate planning attorney can help you draft your will and create a trust, but only a financial advisor can help you determine which assets you should include in each.
When Should I Refinance?
If you have a mortgage, a car note, or student loans, your financial advisor will ensure you refinance at the most opportune time and for the best rate possible. Interest rates fluctuate from year to year, but you can be sure an experienced planner has access to mortgage and loan specialists who will provide competitive rates with low origination fees.
If you need financial advice, turn to Evergreen Advisors in Covington, KY. They can assist with everything from retirement and investment planning to budgeting and cash flow management. To learn more about the comprehensive services they provide, visit their website, and call (513) 784-9150 to get the financial advice you need today.