STAR Magazine November 2018 | Page 9

CONTINUITY and SUCCESSION TAKE THE CONTINUITY CHALLENGE Even though it can be difficult to have conversations about our clients’ mortality, we frequently, tactfully discuss their estate and legacy with them. We want what’s best for their future, their families and their estate, so we carefully craft plans to minimize taxation, maximize returns and preserve wealth. Now it’s time to ensure your clients, family and estate receive the same care and attention by putting a continuity plan in place. You have likely spent decades building your business. Yet without a continuity plan in place, there is significant risk your life’s work may be sold for pennies on the dollar in the event of an unexpected death or disability. To prevent that from happening, Practice Management is committed to help each of our advisors create their continuity plan and eventual succession plan. This year, we invite you to take the Continuity Challenge and check off a critical risk management item on your to-do list by putting your plan in place and filing it with us. THE CHALLENGE JUST GOT EASIER All the Resources You Need Just a Click Away Continuity in a Box is your online one-stop continuity resource to plan and update your continuity plan. Set up your secure account to draft and store your continuity agreement and continuity instructions. Take that critical first step to protect your practice’s value and ensure your clients, family and staff are taken care of should the unexpected happen. Beginning your continuity plan will give you the opportunity to address some big questions, including: “Will my family benefit from all of my hard work building the practice?” “What will happen to my staff and clients in case of an emergency?” and “What should I tell my clients?” YOU’RE INVITED Take the 2018 Continuity Planning Challenge. We look forward to helping you plan, partner and protect your practice! The Practice Management group is always available to answer questions and direct you to the right resource. [email protected] 800-747-6111, xGROW (4769) ntinuity o C in a BOX Access the Site NOVEMBER 2018 | The STAR 8