It’s time to talk about passing down wealth

 

If you’re unsure about talking about wealth transfer with your loved ones, you’re not alone. However, the benefits of having these discussions early and often can have profound effects down the road. Your advisor has the knowledge and patience to make the process easier for everyone involved.

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  1. Make a plan
  2. Start the conversation
  3. Support beneficiaries
  4. Financial education

Support beneficiaries

 

An inheritance can bring challenges, from navigating digital assets to understanding the value of trusts. Working with your advisor can make a big difference.

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HOW YOUR ADVISOR CAN HELP

Having an established relationship with an advisor is key to:

 

  • Aligning values, goals and intentions
  • Building a comprehensive plan for goals today and inheritance
  • Improving financial skills with resources and tools
Trusts are a great way to pass down assets. How much do you think you know?
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    True or false?


    Only the wealthy benefit from trusts.
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    True or false?


    With trusts, you set it and forget it.
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    True or false?


    There are many reasons to set up a trust.
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    True or false?


    Once you’ve set up a trust, you give away any role in managing its assets.
We’re here to help.
Contact your advisor.

 

As always, your advisor has the resources and knowledge to make navigating tough topics easier. Reach out when you’re ready.

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Investing involves risk. There is always the potential of losing money when you invest in securities. Past performance does not guarantee future results. Asset allocation, rebalancing and diversification do not guarantee against risk in broadly declining markets.

Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary. 

This material does not take into account a client’s particular investment objectives, financial situations, or needs and is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. For more information about these services and their differences, speak with your Merrill financial advisor.

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.

Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation.

Trust, fiduciary and investment management services, including assets managed by the Specialty Asset Management team, are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”), and its agents.

Bank of America Private Bank is a division of Bank of America, N.A.

U.S. Trust Company of Delaware is a wholly owned subsidiary of Bank of America Corporation.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

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