Protecting Your Precious Assets
By : Sabrina Franklin
So , you have achieved a level of success . You have the home , the car and a decent investment portfolio . If you are a business owner , the business is no longer just surviving , but it is thriving . You are living the life you envisioned . You have acquired the tangible assets that epitomize the American dream . But , what if ?
What if time does not allow you to continue enjoying what you have worked hard to achieve ? You are a planner , and your success is evidence of how good you are at that task . But , have you planned for “ the day after that day ”?
Have you planned to make “ the day after that day ” a smooth transition for your intangible assets ? Your intangible assets include those who love you , depend on you and are left to cherish the real you . Your intangible assets have the privilege to testify that you were here , and your life , your courage , your genius and your unfailing love continues to sustain them .
Planning to protect your most precious assets involves creating a succession plan . How will the wealth that you create be distributed to those you love in a manner that creates the least amount of barriers or financial lost ? Are your assets currently held in a trust so that prying eyes are not privy to what and how much you have left to your loved ones ? Do you have the appropriate amount of life insurance to supplement that amount of wealth that you would like to leave if time prohibits you from acquiring that wealth ? Or , do you have the appropriate amount of life insurance to pay the required estate taxes needed to legally transfer your assets into the name of your loved ones ?
Protect your most precious assets by putting an appropriate succession plan in place . And , I ’ ll leave you with a message by Nat King Cole - “ Unforgettable . That ’ s what you are ”.
Franklin Insurance Solutions LLC Sabrina Franklin www . franklininsurancesolutions . com 281-819-2505 FB @ FranklinInsuranceSolutionsLLC