Wy You ee a state Plan: Script Your Family’s Future › images › MKD-9040-A-NS.pdf · Their child: William (8) The Scene Married earlier this year Auto accident The Questions

MKD-9040C-A-NS EXP 30 SEP 2021 © 2020 EDWARD D. JONES & CO., L.P. ALL RIGHTS RESERVED. Page 1 of 14

Why You Need an Estate Plan: Script Your Family’s Future

Our Focus: Personal Relationships

2MKD-9040C-A-SL EXP 30 SEP 2021 © 2020 EDWARD D. JONES & CO, L.P. ALL RIGHTS RESERVED.

2020

Why You Need an Estate PlanScript Your Family’s Future

edwardjones.com Member SIPC




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Five Primary Financial Needs

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Preparing for Retirement

Living in Retirement

Paying for Education

Planning for the Unexpected

Planning Your Estate or Inheritance


YOU

FinancialAdvisor

Attorney CPA

The Team Approach to Estate Planning




The Big RevealLIG

HTS

ACTIO

N 6MKD-9040B-A-SL EXP 30 SEP 2021 © 2019 EDWARD D. JONES & CO, L.P. ALL RIGHTS RESERVED.

HOW CAN I STAY ON TRACK?

WHEREAM ITODAY?

WHEREWOULD ILIKE TO BE?

CANI GETTHERE?

HOWDO I GETTHERE?

MYFINANCIAL

NEEDS

Key Steps to Financial Success

®




Script Your Estate Plan


When it comes to your estate,even if you’ve taken no action at all,

everyone in this room has an estate plan.

Does the plan you have refl ect your wishes?





The PlayersClaire and TerriLate spouse: Terri

The Children: Cynthia and Tom

Act 1


“We don’t have an ‘estate.’We don’t need an

estate plan.”

Act 1



“It won’t happen to us.”Act 2


The QuestionsCan Claire:

Help nonprofi tsof choice?

Pass some assetsto her son anddaughter?

The SceneHouse paid o�

Terri passes awayjust after shebegins retirement


Act 1



The PlayersThe parents: Robert and MartinTheir child: William (8)

The SceneMarried earlier this yearAuto accident

The QuestionsWho will:

Take care of Grace?

Cover lost income, pay the mortgage, meet medical costs?

Take care of investment decisions, including planning for Grace’s education?

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Act 2

MKD-9040B-A-SL EXP 30 SEP 2021 © 2019 EDWARD D. JONES & CO, L.P. ALL RIGHTS RESERVED.

The PlayersThe parents:Robert and MartinTheir child: Grace (6)

The SceneMarried earlier this yearAuto accident

13

Act 2




The PlayersThe couple: Vicky and Sharon

Their child: Jacob

The SceneMarried 5 years (Vicky’s second marriage)

The “near miss”

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Act 3


“We have a plan.So, we’re set for life.”

Act 3




Control: The Hallmark of Estate Planning

Some common estate objectives

Asset transfer

Tax control

Incapacity protection

Charitable intent

Guardian for minors or dependents


The QuestionsAre my a� airs in order?

Who are the benefi ciaries?

Who is the executor/trustee?

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Act 3




Plan for the Expected• Understanding your current situation

• Outlining key priorities and objectives

• Discussing transparency

• Balancing potentially competing goals


Positionfor both

Prepare for the

unexpectedPlan for the expected

Three Major Goals of Estate Planning




Position for Both• Guidance on how to allocate your investments

• Potential investment and product solutions based on the priority of goals

• Balancing potential issues and trade-o� s of the investment and product solutions


Prepare for the Unexpected

• Life events. Changes in your or a benefi ciary’s personal situation – such as a marriage, divorce, birth, death or prolonged illness, or a change in your income needs – can signifi cantly impact your plan.

• Government changes. Changes in tax law/regulatory matters for planning techniques can a� ect your plan.

• Incorrect implementation of the strategy. Improper regis-tration, inconsistencies among documents or other technical issues may potentially derail your plan if unaddressed.




The Importance of Review24MKD-9040C-A-SL EXP 30 SEP 2021 © 2020 EDWARD D. JONES & CO, L.P. ALL RIGHTS RESERVED.

YOU

FinancialAdvisor

Attorney CPA

The Team Approach to Estate Planning




&AnswersQuestions


The Importance of ReviewDiscuss:

• Your current estate plan and associated legal documents

• Your benefi ciary designations on life insurance contracts or retirement plans

• Any major life changes (marriage, divorce, birth, death, prolonged illness or a change in your income). It’s also important to note any of these important life changes for benefi ciaries you have or will name.




The contents of this report are for informational purposes only. While the information is believed to be accurate, it is not guaranteed and is subject to change without notice.

Edward Jones, its employees and fi nancial advisors are not estate planners and cannot provide tax or legal advice. You should consult your estate-planning attorney or qualifi ed tax advisor regarding your situation.

Trust and related services are provided by Edward Jones Trust Company, an a� liate of Edward D. Jones & Co., L.P. (Edward Jones), a registered broker-dealer. Edward Jones Trust Company and Edward Jones are subsidiaries of the Jones Financial Companies, L.L.L.P. Edward Jones Trust Company may use Edward Jones or other a� liates to act as a broker-dealer for transactions or for other services. Payments of such services generally will be charged as an expense to the trust and will not reduce the amount of fees payable to Edward Jones Trust Company.

Important Information


Thank You

edwardjones.com Member SIPC

P L E AS E CO M P L E T E YO U R E VA LUAT I O N N OW


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Wy You ee a state Plan: Script Your Family’s Future › images › MKD-9040-A-NS.pdf · Their child: William (8) The Scene Married earlier this year Auto accident The Questions