Estate Planning Tips for Woman

ESTATE PLANNING tips For Wom en What strategies should women use when forming estate plans? With their longer life spans and growing economic power, it's important they protect their assets. Women Live Longer Women turning Men turning 65 65 to live еxрес t to l i v e сап еxрес t сап 81 to 86 76 to y e ars 84 уеars E cono m ic Power Has ever Be en Stro nger Women control Women will control $14 tri1lion $20 trillion in a s s ets in in a s s ets by 20 14 2 0 2 0 of women enter marriages with assets 52% equal to or greater than their spouse of w o m en are the prim ary income 33% e ar ners or contribute equ ally to h ous eholds Top 5 Estate Plan ning Tips H a ve a Durable Power of Attorney 1. Power of Attorney will help you to m ake decisions A in your fin al days. Cre ate a Revocable Living Trust 2. This do c u m ent pr ovides protection in case you are incapacitate d. Cre ate Your 0 w n Estate Pl a n 3. Wido ws shouldn't rely o n their husband s'estate plans. Build your ow n. Get Lon g - T e r m Care I n s ur an c e 4. W o m en ar e more likely to ne ed сare insuran ce du e to their longevit y. 6. Acco unt Fo r Your Assets 5. Kno w w h at a s setS are in your n a m e followin g a divorce. Ret irement ассоunts and pen sions рlans ca n a ffe ct y o ur current a nd futur e assets. O passare Simplifying End-of-Life Management http://data.worldbank.org/indicator/SP.DYN.LEOO.FE.IN Twitter @ Passarelnc http://www.ssa.gov/planners/lifeexpectancy.htm Facebook facebook.com/passareinc http://www.lifehealthpro.com/2014/06/30/6-estate-planning-tips-for-women Tumblr passareinc.tumblr.com