The SECURE Act (0:00 – 10:36)
This segment discusses the new SECURE Act and how the new law impacts everyone with a 401K, IRA, or other retirement assets.
Congress has passed a law that will raise the taxes on your children and grandchildren by drastically changing how some assets you leave them will be taxed. The New Tax Law (The SECURE Act) impacts retirement plans and is the most significant change to retirement plans in years. We discuss how the Secure Act impacts your current and future estate plans.
Beneficiaries of IRAs, 401ks, and any other assets will be affected. To learn more and avoid tax disasters under the new act, fill out the contact form and we will reach out to schedule your complimentary consultation.
Protective Planning Provisions (10:37-38:22)
This segment examines different protective planning provisions and strategies you may want to consider in the development of your plan.
Every plan we create is tailored to your situation and desired level of protection. We have special protective provisions that address the realities that some families face. Whether it is planning for taxes, remarrying spouses (yours or your children’s), substance abuse issues, blended families, or a long list of other “what if’s”, we have solutions.
Addressing the real issues can bring you peace of mind. To make sure your plan has all the levels of protection for your family (including pets), fill out the contact form and we will reach out to schedule your complimentary consultation.
Preventing Nursing Home Poverty with Medi-Cal (38:23-39:56)
In this segment, we address the significant issues facing those (statistically 35% percent of people age 65+) who will need long-term care and how we can help avoid the devastating financial impact on estates.
Estate plans are not just for passing items to the living. Preventative planning allows you to have choices for your long-term care planning options without depleting everything you built in just a few months because of the cost of care! Plan when you can, before a crisis.
If you or someone you know is facing long term care costs or if you want to learn how Copenbarger & Copenbarger can help you protect your estate, fill out the form above, and we will schedule an appointment right away.
Leaving a Lasting Legacy (39:57 – 1:00:03)
This segment is for anyone who wants to learn more about leaving a lasting legacy for generations to come that goes beyond just the material things.
How do you want to live out the rest of your “golden” years? This segment addresses what you need to be thinking about when choosing a nursing home. What type of care do you want? How often do you want your hair done? Do you want ice cream with your dinner? These are topics most people do not think about before it’s too late.
Often when thinking of your estate, you think about all of the “stuff” you have, but how often do you plan your legacy? The one your family will carry on after you are gone. It is never too late to begin thinking of what your legacy means to you. Our founder, Lloyd Copenbarger, discusses the meaning of legacy and what you can do to begin thinking of yours, if you have not already.
What part of your legacy are you leaving to the Kingdom? Lloyd also discusses leaving a potion of your estate to your church or charity of your choice by using a Charitable Remainder Trust.
If you want to discuss how Copenbarger & Copenbarger can help you create a lasting legacy or help you include charitable donations to churches or charities of your choice in your estate plan, fill out the contact form and we will reach out to schedule your complimentary consultation.
