Insurance and Estate Planning

Insurance Planning

Managing risk through insurance and other vehicles can be an important part of a comprehensive financial plan, for individuals, families, and business owners.

As independent insurance agents with no house brands or proprietary products, Park Place Financial Advisors offers objective, independent advice on insurance issues, including life, disability, and long-term care insurance. For clients who desire it, we can implement our insurance recommendations by actually placing (buying) the insurance, as we are fully licensed to sell life, long-term care, and disability.

Estate Planning

Estate planning creates a master plan for the management of your property during life and the distribution of that property at death.

For most people, estate planning will:

  • Give you more control over your assets during your life
  • Provide care when you are disabled
  • Allow for the transfer of wealth to whom you want, when you want, at the lowest possible cost

Common estate planning issues addressed in the wealth management process include:

  • The transfer of wealth
  • The minimization of transfer taxes
  • Asset protection
  • Charitable giving

Park Place Financial Advisors is not a law firm and does not provide legal advice but will work with your legal team to develop a plan that is right for you.