Allmerica Financial Services
Financial's variable products portfolio is supplemented with
a wide range of Term and Permanent Life Insurance solutions.
Term and Permanent Life Insurance is made available through
the Allmerica Access Product Network, a network of carefully
selected carriers specializing in high quality competitive
traditional life products.
learn more about how Term or Permanent Insurance can protect
your loved ones, contact an Allmerica Financial office nearest
you. In approaching your unique situation we begin with questions
first to help determine the most appropriate solution based
upon your personal needs. When you work with an Allmerica
Financial Advisor you will benefit from more than the convenience
of one-stop-shopping for all your insurance and planning needs,
but from an advisor who will work with you to develop an integrated
personal Financial Profile centered around your financial
goals and objectives.
A Plan To Help Keep More For Your Family
want to provide for your family financially. Maybe that means
a college education for your grandchildren, or making sure
the family home stays in the family. What you may not realize
is the dramatic effect estate taxes could have on that objective.
How dramatic? Well, estate taxes can be as high as 37% to
could pose a significant burden for your loved ones, as estate
taxes must be paid by your heirs, in cash, within nine months
of your death.
Estate planning can help you defend against estate taxes --
and help you build an even larger estate to pass down to your
How Much Is At Stake?
taxable estate is probably larger than you imagine. Federal
estate taxes reach all the assets you'd expect -- your home,
bank accounts, personal property and more. But they also touch
your deferred assets, such as the full value of all your retirement
plans (IRAs, 401(k)s, etc.) and the face value of all the
life insurance you own.
Just What Is An Estate Plan?
estate plan is a comprehensive strategy that provides for
the orderly distribution of an individual's assets after death.
And, as you might imagine, estate planning is not just for
the rich -- it's for everyone who wants to provide for their
family's financial future. That probably includes you.
planning employs a number of financial tools to help prepare
Provide for the decedent's surviving family
Determine ahead of time who receives the decedent's
assets and how they are to be distributed
Eliminate or reduce federal and state taxes
Solve liquidity problems
Transfer business ownership
A sound estate planning strategy may help you reach these
goals while significantly reducing or even eliminating estate
taxes. To develop a strategy to help achieve your objectives,
you'll want to consult your attorney, accountant and financial
advisor-professionals who understand tax laws and how they
affect your situation. All this from Allmerica Financial Services.
Wills And Trusts: The Basic Tools Of An Estate Plan
will is a legal document, prepared by an attorney, that spells
out how your property will be distributed, who will be executor
of your estate, and who will be guardian of any minor children.
At your death, a will must go through the probate process
and all documents become a matter of public record.
trust agreement allows you to transfer all kinds of assets
directly to your heirs. A big advantage is that, if funded
during your life, it avoids the probate process -- thus sparing
your heirs many delays, costs, lack of privacy and potential
disputes. A trust also assures that your wishes are carried
out to the letter.
Financial Serivces Can Help Make Your Vision Of The Future
Allmerica Financial, their goal is to help their clients reach
theirs. If you want to plan for your family's financial future,
they can help. For more information about estate planning,
contact an Allmerica Financial advisor near you.