How estate planning is crucial in passing funds down to beneficiaries

PHOENIX — As you build and map out your estate, having a plan in place and keeping track of it is crucial in order to make sure fund transfers go as smoothly as possible.

It becomes even more important when working through potential factors like taxes and optimizing social security benefits.

Knowing when and how to use social security benefits can be crucial in your estate plan to have more money passed down to beneficiaries.

“I think everyone needs a social security plan and needs to know exactly — along with what your income plan is gonna be — when’s the best time to take it for you and why specifically that makes sense and why it matters,” said Matt Dages, president and founder of Bright Wealth Management.

One company has emerged to help save you money on taxes and financial planning and can make sure your beneficiaries receive funds in a smooth transition.

Who to turn to for all your estate planning needs?

Bright Wealth Management is who you turn to for tax planning and social security benefits that could impact your estate.

Bright Wealth has a tax calculator that will help forecast tax burdens on your estate plan.

“Estate planning is so important. It goes hand in hand, and we really want to make sure that seamlessly there’s a transition, whether it’s to the surviving spouse or to the next generation of beneficiaries,” Dages said.

“While you’re alive and living here today, we want to make sure that you’re planning ahead so that you’re not running into what I’ve coined as tax traps.”

Receive a complimentary consultation or call 833-777-4296 for more information.

The Bright Wealth Management Show with Matt Dages airs Saturdays from 1 p.m. to 2 p.m. and Sundays from 3 p.m. to 4 p.m. on 92.3 FM.

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