Insurance Helps You Protect Your Family
Experience personalized attention and expert advice from our consultants, who are dedicated to helping you find the perfect insurance that help your future.
About Us
Welcome to [Your Company Name], your trusted partner in securing the future of your loved ones. At [Your Company Name], we understand that life is full of uncertainties, and that's why we're here to provide you with peace of mind through our comprehensive life insurance solutions.
Our Services
At [Your Company Name], we offer a range of comprehensive life insurance services to meet your unique needs and provide you with the peace of mind you deserve. Our commitment to excellence and our dedication to our clients set us apart in the insurance industry.
Life Insurance
At Eagle Financial Services,
Life insurance in the USA is a financial product designed to provide financial protection and support to beneficiaries in the event of the policyholder's death. It operates on the principle of risk management, where individuals pay premiums to an insurance company in exchange for a lump sum payment, known as the death benefit, to be paid out to designated beneficiaries upon the insured person's death and the well-being of your loved ones.
Estate Planning
Estate planning in the USA involves various legal tools and strategies to manage, protect, and distribute assets both during a person's lifetime and after their death. Two common components of estate planning are wills and trusts.
Long Term Care
Long-term care insurance (LTC) is a specialized insurance product designed to help cover the costs associated with long-term care services for individuals who are unable to perform basic activities of daily living (ADLs) or require assistance due to chronic illness, disability, or cognitive impairment. Long-term care services are typically not covered by health insurance or Medicare, making LTC insurance an important component of financial planning for many individuals and families.
Financial Education
We offer complimentary Financial education workshops to anyone interested , we will issue a certificates of completion after attending all the workshops. It's a great opprtunity for anyone to learn the basics of finances and mange finances.
OUR Expert TEAM
Mallikarjun A
CEO
Swetha Engu
Marketing Manager
Srinivas Kompella
Regional manager
FAQS
What is the importance of the Wills and Trusts ?
Wills and trusts are important tools that help ensure your wishes are carried out. A will is a critical document that establishes how your assets are handled after you die. A trust can provide tax benefits and protect your estate from creditors
Here are some ways that wills and trusts can be important:
A will can help prevent costly disputes over the distribution of your assets. It can also ensure that your wishes are carried out and your loved ones are provided for. A will can also specify how your property, investments, and possessions should be distributed among your heirs.TrustsIrrevocable trusts can provide tax benefits and protect your estate from creditors. Revocable trusts generally do not provide these things.
What are the Key Differences for Living Trusts and Will?
A will is a simple legal document that provides instructions on how to distribute property to beneficiaries after death, while a trust is a complex legal contract that allows you to transfer your property to an account to be managed by another person.
If you want to ensure there are no gaps in your estate plan, you can have both a living trust and a will.
Creating a living trust is a good option for those with a complex estate (multiple properties, investment accounts, and/or sizable assets).
what are the different types of trusts available in USA?
The two basic trust structures are revocable and irrevocable:
Revocable trusts: Can be changed after they're created and can help avoid the probate process.
Irrevocable trusts: Typically can't be changed or amended after they're created
Here are some types of trusts:
Qualified terminable interest property trust (QTIP)
Provides for the surviving spouse while allowing the grantor to remain in control after the death of the surviving spouse. QTIPs are a popular tool for estate planning, and preserve wealth via estate tax exemptions.
Grantor retained annuity trust
An irrevocable trust that provides an annuity for a specific amount of time. Upon completion of the annuity period, the remaining money and property is transferred to those named.
Credit shelter trust
Also known as a bypass trust, this is a common type of trust used to eliminate or reduce federal estate taxes. It's typically used by a married couple whose estate exceeds the applicable exclusion amount that is exempt from federal estate tax.
Charitable remainder trust
Can provide a consistent source of income, particularly in retirement, all while benefiting a charity. There are two primary types: unitrusts and annuity trusts.
Marital trust
A legal entity established to pass assets to a surviving spouse or children/grandchildren. A general power of appointment, an estate trust, and a QTIP trust are three types of marital trusts.
Life insurance trust
There are two main types of trust for life insurance: absolute trusts and discretionary trusts. The main difference between these two types is the level of flexibility
Knowing that my family is financially protected gives me peace of mind. I highly recommend [Provider Name] for their professionalism and quality service.
JANE DOE
Their customer support team has always been helpful in clarifying any questions I've had. Overall, I feel secure with [Another Provider Name] as my life insurance provider.
JANE DOE
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