Responsible, Comprehensive Financial Planning

Estate Planning

Estate planning is an often overlooked but important step in securing your financial future and your family’s financial stability. A good estate plan requires ongoing attention and regular reviews to ensure that the plan is still in keeping with your desires. Some common questions to consider as you develop your estate plan:

• Have you created a will?
• Should your estate be left to your spouse, children, or both?
• Have you considered the allocation of your assets?
• Would you like to leave assets to a charity?
• Are you informed about tax ramifications and shelters?

DRT can protect your assets and fulfill your wishes by assisting you in developing estate planning goals and strategies. Some of our estate planning services include:

• Working with an attorney to help you with setting up a durable power of attorney and will
• Taking an inventory of your estate
• Creating a living will or healthcare proxy
• Drafting succinct, thorough instructions to your chosen executor
• Making provisions for charitable giving

Understanding Estate Taxes

Your retirement and investment funds can have a significant impact on your taxes. We can help you understand your tax responsibilities and help you navigate the constantly changing estate tax landscape. With the right information, we can help you put a plan in place to mitigate any potential tax burden to your beneficiaries.

Pay for College

One day, you’re rocking a baby, and then suddenly, you’re sending them off to college. If you’re intimidated by the cost of college tuition these days, we can help. Choosing the right savings plan and tax incentives can provide affordable financial planning for college. The financial advisors at Dreggors, Rigsby & Teal, P.A. can discuss many different college financing options, including:

• Savings plans specifically designed for college planning
• Tax-free earnings for qualified higher education expenses, such as tuition, room and board
• Defining your goals and needs to protect your family’s financial security

We know how overwhelming this process can feel. Our team has developed a FREE downloadable PDF to help you understand the basics of college financing. Click the link below to download.