Cement Your Legacy with a Documented Estate Plan
You deserve the peace of mind of a well-documented legacy estate plan.
We partner with EncorEstate Plans and their affiliated estate planning attorneys to provide our clients the peace of mind of owning a well-documented, fully-funded estate plan.
This estate planning process is offered to our clients as an ancillary service to enhance the overall quality of our holistic, risk-managed legacy planning.
Your legacy is your reward for a lifetime of hard work.
And a gift to the people and causes you hold dear.
You’ve worked your lifetime to achieve a Wonderfully Rich Retirement®, and it would not be so wonderful if it were not Risk Managed. A well-documented estate plan puts risk management in place for your Legacy.
Having a well-documented estate plan is an act of love and it is not only for the wealthy! It’s the only way to protect everything you’ve worked so hard for: not only your assets, your loved ones and your legacy, too. As an important value-added service, we can help you create your estate documents and ensure that it is properly funded.
A properly-documented estate plan allows you to direct your legacy after incapacitation or death by determining:
Who can talk to the Doctor for you?
Who can access or manage your assets if incapacitated?
Who will receive your assets after you die?
How will they receive your assets?
Who will be the guardians of your children?
Charlie Rawl
CERTIFIED FINANCIAL PLANNER® professional and Retirement Income Certified Professional®
Who would be better equipped to assist you with your Legacy or Estate Plan?
Your financial advisor, a CERTIFIED FINANCIAL PLANNER® professional and Retirement Income Certified Professional® backed by a highly regarded estate planning service …
OR
An estate planning attorney who you may not know and may never see again?
As your Retirement Income and Legacy Planners, we have a good understanding of your assets and liabilities, your investments, and your retirement income plan. And as importantly, we gain insights into your into your goals, objectives, and unique family situations.
Not many financial advisors offer these services. Working as your financial “quarterback,” we are in the unique position to be able to help you fund your estate plan properly.
What’s at Risk
Do you have a will or an estate plan? Will they serve as intended?
The EncorEstate Plans Difference:
Charles W. Rawl & Associates, LLC partners with EncorEstate Plans, Inc. to provide our clients with access to the whole process of documenting and funding a legacy estate plan.
What We Do
Charles W. Rawl & Associates, LLC does not give legal advice or provide legal services. We do provide general estate tax education and guidance:
General explanations of
- the estate planning structure and documents you will need
- estate planning process and gifting strategies
- types of trusts and their features
- the tax issues related to trusts and estates
- types and treatment of income from trusts
- the sources of estate liquidity
- ownership titles and how to title assets
- the impact of account and trust beneficiary designations
We assist with gathering information to input into the EncorEstate Plans software.
What EncorEstate Plans Does
EncorEstate Plans (Encore) itself does not give legal advice. The Encore estate planning templates were created by attorneys licensed in each state and are continually updated.
Encore is staffed and contracted with experienced estate planners and paralegals who conduct a rigorous 60-point quality review.
When a client desires an additional legal review of their estate plan on top of the 60-point review, an attorney licensed in that state will provide a letter review of the plan or review the plan live in a telephone conference along with the letter for an additional fee. Mobile notary services are also available.
Encore handles these key steps:
- Prepares the estate plan documents
- Prepares and records real estate deeds into trusts
- Reviews information transmitted by the client to ensure that estate planning goals are met
Avoiding Probate With a Revocable Trust
Alternative to Probate: What is a trust-based estate plan?
A Trust-Based Estate Plan is a comprehensive legal arrangement that includes a Revocable Living Trust and other associated documents that guide the distribution of assets during your lifetime and after death. This provides flexibility, control, and privacy while often avoiding the probate process.
This will allow you to transfer assets into the trust while maintaining full control over the assets during your lifetime. You can buy, sell, or move assets in and out as needed.
The trust becomes irrevocable upon your (or your surviving spouse’s) death or incapacitation, meaning it cannot be altered after that point. You are considered one and the same.
The flexibility and efficiency of revocable trusts can be appealing, especially for those looking to distribute assets to beneficiaries as quickly and seamlessly as possible.
Trusts allow families to settle matters discreetly. While there are administrative costs, it’s often a worthwhile investment for those looking to avoid delays, expenses, and exposing their personal information and assets to the public at death.
Why avoid probate?
Probate is a legal process that oversees the distribution of a deceased person’s assets and ensures debts are settled. While the goal is straightforward—validating a will and ensuring assets go to the rightful heirs—the reality can be much more complicated. While probate can help facilitate a fair settlement, it often comes with drawbacks, such as delays, legal fees, and a lack of privacy.
“Why Skipping Probate Could Save Time and Money”
By Christine Fletcher
Forbes Magazine
May 2024
What will be your last message to your children?
Our clients are one step closer to a Wonderfully Rich Retirement® when they are confident that their finances and estate plan are in order. However, no set of documents can compare to the importance of our families and loved ones. As we all love our children and want the best for them, one of the greatest things we can give them is our loving and affirming words. We have a valuable tool to help with this communication.
Blake Brewer initially began the Legacy Letter Challenge to help parents communicate their love to their children. Blake tragically lost his father in a drowning accident when he was 19 years old. A few hours later he discovered a letter written by his father that would change his life. Blake’s witness is powerful. We invested in this service so we can offer it free of charge.
Please view Blake’s video to learn more about the guidance he offers to help write your own Legacy Letter. If you are interested, please reach out to us for the code and web link to access these services—it’s on us!
You’ll be one step closer to a Wonderfully Rich Retirement!
See Your Whole Financial Picture in One Place
How would you prefer to begin educating your beneficiaries about your estate and the directives in your estate plan?
With stacks of documents and multiple account statements – OR with a visual “map” of everything you own, owe, and earn, clearly laid out on a single page?
That is exactly what our Asset-Map does. While there are many reasons we use Asset-Map, it is particularly helpful to visually organize one’s entire estate and communicate it with others.
Why It Matters
When you are able to see your comprehensive financial picture, it’s easier to spot opportunities, address gaps, and make confident decisions about your future. Asset-Map helps you and your advisor stay on the same page—literally—so every conversation is focused, productive, and tailored to what matters most to you.
It’s not only about tracking your money; it’s about giving you clarity, confidence, and control. View website.
Get in touch to visit about a Legacy Estate Plan that’s right for your family: