Managing Your Estate

Life Insurance

You can gain confidence knowing your survivors can replace your income with a life insurance policy. It can also be used to replace money that is needed for expenses and taxes following your death. In addition, you can gift your policy to a charity.

You Can Talk To Your Adviser About…

• The way life insurance can help you manage your estate.
• How your policy can provide income to your survivors, pay off a home mortgage, provide for a child's higher education, help the charities of your choice and make the transfer of assets easier.

Mutual Funds

In managing your estate, keep in mind the role of mutual funds that have increased in value. You can gift them and receive an immediate tax deduction and avoid paying capital gains taxes that would beowed if you sold the assets.

You Can Talk To Your Adviser About…

• Gifting an appreciated asset, such as a mutual fund. Determining the value is as easy as checking the daily newspaper, getting the information online or contacting your financial adviser.
• How mutual funds are typically simple to transfer from a brokerage account to another person or to a charity.

How Avyukta Earth Estate India Ltd. Can Help: Emily's Story

Emily

I didn't know that when Grandpa died I'd inherit this much money from his life insurance policy. There is a lot I want to do with it but I didn't feel that confident managing it.

 

Emily and her husband

I want the money to help my husband and me and support the charitable groups that mean so much to us. However, I was simply overwhelmed with investing options.

 

Emily, her husband and their financial adviser

We're delighted that our adviser helped us determine the most appropriate investment options based on our goals. I'm proud that I'm confidently managing this unexpected gift from Gramps.

Emily's story is a hypothetical situation.