Estate Planning

Estate planning can help you properly position your estate to protect loved ones, leave a legacy, and transfer wealth the way you intend.

Plan your estate. Provide for loved ones.

Estate planning is a good place to start if you want to feel good about taking care of loved ones and causes you care about. After all, 71% of Americans say having a well thought out estate plan would help them feel like a good spouse or parent. 

That's where Covenant Wealth Advisors' estate planning advice can help. Together, we'll help you understand the legal and tax requirements of transferring wealth to your heirs. We'll also help integrate your estate plan into your overall financial plan.

 

From providing for a surviving spouse, to fulfilling your philanthropic goals, to funding future education for children and grandchildren, proper estate planning gives you the advice you need to carry out your intentions. 

Why do I need estate planning?

Properly Title Assets for Beneficiaries

This is an area that’s often overlooked when an estate plan is drafted. There are 5 types of beneficiary designations and we can help you make the best decision.

Maximize Your Charitable Giving

If you are charitably minded, giving can be a great strategy to reduce the size of your estate. But there are many strategies to maximize your gifts and reduce your taxes. We can help.

Reduce Probate Expenses

Estate planning can provide an objective lens on how to reduce probate expenses. 

Transition Your Estate Seemlessly

We'll help make sure your estate transitions to heirs the way you intend by collaborating with your estate planning attorney or one of ours.

Take Care of Your Spouse

Making sure that your spouse is well taken care of after your death can be a big concern. A well thought out estate plan can position your finances for lasting impact.

Tie Your Estate Plan to Your Financial Plan

Often times individuals draft a will or trust with their attorney but never actually title their assets properly. This can be a costly mistake. We'll read your wills, trusts, and estate planning documents to ensure that your estate documents are actually tied to your financial plan. 

Estate Planning Can Help You Answer Many Questions

  • Are my account beneficiary designations correct?

  • Do I need to update my will? 

  • Do I need a trust? 

  • How can I minimize estate taxes?

  • How can I ensure my spouse will be financially okay after I die? 

  • What's the best way to gift during my lifetime?

  • How can I maximize my charitable donations? 

  • How can I make sure my children don't spend their inheritance too quickly? 

Estate Planning Resources

Excellent Partnerships. Better Advice.

Contact us to talk to a financial advisor.

Covenant Wealth Advisors

 

Covenant Wealth Advisors is a private wealth management firm, fee only financial planner, and fiduciary advisor with offices in Richmond, VA and Williamsburg, VA.

Founded in 2010, we work with more than 140 families and manage over $180 million* in assets for clients in Virginia and across the country. 

Our fiduciary financial advisors and fee-only financial planners specialize in working with individuals and families age 50 plus, who are concerned about retirement.

CONTACT US

 

Toll Free: (888) 320-7400

Email: info@mycwa.com

Hours of Operation:

Mon - Friday: 09:00 AM - 05:00 PM 

 

WILLIAMSBURG VA LOCATION

351 McLaws Circle,

Suite 1

Williamsburg, VA 23185

(757) 259-0111

 

RICHMOND VA LOCATION

4870 Sadler Road

#300

Glen Allen, VA 23060

(804) 729-5265

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Covenant Wealth Advisors is a fee only financial planner and registered investment adviser with offices in Richmond, Va and Williamsburg, Va. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. *AUM as of June 30, 2018