Thrivent Financial for Lutherans estate protection services are designed to help you:
- Take the first step toward control of your estate.
- Estimate liquidity needs at death for debts and expenses including federal estate taxes and income taxes.
- Illustrate options for your consideration to help protect your assets for the future.
Taking action will help you feel good about the efforts you're making on behalf of your loved ones.
Thrivent Financial for Lutherans estate protection services are available without obligation to qualifying individuals. Chances are, the output from your review will help you feel organized and confident. The time and effort you use now are likely to prove their worth in the long run.
Of course, we don't expect you to do it alone. Your financial representative with Thrivent Financial for Lutherans will work through the analysis with you, with the same professional training and genuine concern that characterize all of Thrivent Financial's services.
You should work with a team of skilled professionals including your financial associate, attorney, tax adviser and, possibly, a trust officer, to review your current situation and plans. Their combined expertise will contribute to a comprehensive strategy that's right for you.
If you qualify, Thrivent Financial for Lutherans estate protection services can help you:
- Measure the size of your estate.
- Estimate the amount of taxes due after your death.
- Determine ways to pay taxes.
- Identify options for giving to others and charitable causes.
- Identify ways you can help protect your estate from high costs—such as a nursing home stay.
If you don't qualify for the estate protection services, Thrivent Financial for Lutherans financial needs analyses may be better suited for you. These services can help you:
- Identify your overall financial needs and goals.
- Measure and prioritize your needs and goals.
- Identify the best methods to meet your needs and goals.
- Implement a detailed plan to meet your needs and goals.
Depending on the complexity of your estate, your analysis needs may vary. Contact your financial associate to determine which analysis is most appropriate for you.
Important: Estate strategy isn't just for the wealthy. Anyone who dies owning assets must transfer them to others. Almost everyone must do some planning. Your team of skilled professionals including your financial associate with Thrivent Financial for Lutherans, an attorney and a tax adviser, can help you with your estate protection strategies.
Items you'll need to have available for your estate protection services from Thrivent Financial for Lutherans:
- Copies of current will(s) and trust documents including any additions (amendments/codicils).
- Copies of prenuptial, marital or community property agreements, powers-of-attorney and land contracts.
- Any buy-sell agreements, partnership or incorporation papers associated with a business.
- A list of your assets (bank/savings accounts, certificates of deposit, mutual funds, stocks, farm, business, land values) and how they are owned including liabilities (credit card, loans, mortgages) with repayment schedules.
- Your family's life, health and disability income insurance contracts (including group coverage and any business insurance) which includes beneficiary and ownership information.
- A list of any IRAs and qualified retirement plans including beneficiary and contribution and/or withdrawals scheduled.
- Current income information for the last year plus the gross and net figures for any farm or other business income.
- Names and birthdays of all family members and number of grandchildren.
- The name of your current attorney and tax adviser or someone you prefer to work with.
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