Legacy Planning & Planned Giving

Estate Legacy Planning
Planning how to properly protect, preserve, and pass along your estate to your heirs is one of the most vital components of your overall financial well being. Provident Retirement Advisors can work with you to customize a strategy to meet your long-term goals and needs. Whether you are trying to minimize the impact of taxes or simply guarantee your heirs will receive what you originally planned, We will work with you in planning today, and with your heirs in executing future strategies.

IRA Legacy Planning
IRA legacy planning is an important planning strategy that helps secure how you will pass along your hard-earned retirement savings to your family and/or friends upon your passing. Provident Retirement Advisors can show you how to leave a legacy to your children, grandchildren, and great-grandchildren, with potentially very little tax due.

Planning with Trusts
Living trusts allow you to retain control of the trust as your own trustee while you are living and name a successor trustee if you become incapacitated or unable to make decisions for yourself. Eventually you can transfer the trust onto your heirs without the hassle of probate. Should you wish to integrate this simple method of passing your estate to your loved ones, please contact us to learn more.

Life Insurance
Life insurance is an estate planning tool that can be used to provide your family with the financial security they will need in the event of you or your spouse's passing. However, most people often overlook the fact that life insurance can also be an effective way to leverage your wealth and leave a much greater legacy. In some cases, you can leave a much greater amount for only pennies on the dollar. Whether you look to give your family an immediate source of income, to reconcile your outstanding debt, or leave a legacy to your church or charity Provident Retirement Advisors can assist you in adding a life insurance component to your estate portfolio.

Probate
Probate requires that your estate, assets, and debt become finalized under legal supervision. Probate can be a lengthy, complicated, and burdensome process for your heirs. Provident Retirement Advisors may assist you in mitigating this process by applying probate avoidance estate planning strategies into your financial portfolio.

Charitable Giving
Charitable giving is not only a gracious act in that you're doing good for others, but can also be advantageous for your financial portfolio. Provident Retirement Advisors can help you integrate a charitable giving strategy into your portfolio, and thus help you minimize your estate and income taxes.

To learn more about our estate planning services, click here to contact us or call today 901-853-5507.




 Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM),  a SEC Registered Investment Advisor. BCM and (Provident Retirement Advisors) are independent of each other. Insurance Products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives. Information provided is not intended as tax or legal advice, and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims-paying ability of the issuing company and are not offered by Brookstone Capital Management