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Location: Red Bluff Community Center, Westside Room
Date and Time:
Tuesday, April 2nd at 6:00 – 7:30 P.M. OR Thursday, April 4th at 1:00 – 2:30 P.M.
Address: 1500 S Jackson St.; Red Bluff, CA 96080
Seating is limited.
Nothing will be sold and there is no charge to attend!
The difference could mean lost wealth for your heirs.
Attend our education event at Red Bluff Community Center to learn about the mistakes that may exist in your legacy plan. If you don’t know what gaps exist in your planning, your legacy and your family could face taxes, probate expenses, legal issues, and other challenges after you pass away.
Our presentation will discuss the process of creating a comprehensive estate planning portfolio, including:
And much more!
Without a comprehensive estate plan, your heirs could face big tax burdens and lengthy legal proceedings, and the court might designate how your assets are divided – even who gets to raise your children.
Space is limited, so fill out the registration form here to reserve your seat today.
Seating is limited. Sign up today to guarantee your seat(s)!
Bright Lake Wealth Management – Financial Advisor
“Retirement is a significant life milestone. Proper planning can help you enjoy a comfortable and more financially secure future.”
From a young age, James Thatcher had an interest in personal finance. He opened his own IRA at 19 and often helped friends and relatives create monthly budgets to keep track of their money. Growing up in the Midwest, where a firm handshake was often the beginning of a long-lasting relationship, James also learned the value of personal connections and showing up for people early on. He carries these values into his role at Bright Lake Wealth Management, where he strives to help clients achieve their financial goals and live the retirement they deserve.
Before joining Bright Lake Wealth Management, James spent several years working in customer service, following his passion for helping others. In James’ view, the client is always the priority, and it’s his job to help them in any way he can. As a Financial Advisor, he takes pride in assisting clients in creating a comprehensive financial strategy that sets them up for success in retirement.
James is licensed to offer investment and insurance products and services. He has earned his Series 65 securities and his Registered Social Security Analyst (RRSA) licenses. He also holds life, accident, and health insurance licenses.
James and his wife, Bethany, live in Redding, California, with their chocolate lab, Remington. Together, they love to go for walks on local nature trails and spend time with family, and are active in their church. James also enjoys soccer and golf in his free time.
Do You Still Have Questions? Call – (530) 395-0202
What is your estate worth? The questions isn’t as simple as you may think. Determining the value of
your estate involves assessing all assets and liabilities you own. However, the value of those assets could fluctuate over time. The value of some assets, like personal items or collectibles, could be
subjective. Legacy planning professionals may help you compile a list of your assets and debts and
estimate an accurate value, which may help you create the right legacy strategy for your needs and
goals.
Every estate faces challenges as it is passed across generations. Taxes, legal issues, debt, market risk, family conflict, and even financial mismanagement all present threats to your legacy. Tools like trusts, wills, and end-of-life documents can protect your wealth across generations. Utilize trusts, establish clear inheritance plans, and educate heirs on financial responsibility. Implement tax-efficient strategies and adapt plans to changing circumstances. Encourage open communication to sustain family values, ensuring a lasting legacy that benefits future generations.
Your legacy doesn’t just face threats after you pass away. Risks like inflation, taxes, and market fluctuations are clear and present today. Inadequate estate planning, family disputes, or unforeseen healthcare expenses also jeopardize wealth. The key to preserving and maximizing your legacy is to start today with a comprehensive and robust risk protection strategy.
Your retirement income planning strategy has a significant impact on your legacy. How will you distribute income in retirement? And how will you protect your legacy? By strategizing and considering tax-efficient withdrawals, trusts, and legacy planning, you may be able to secure a stable
retirement income while better ensuring a financial legacy for descendants.
In blended families, trusts and life insurance policies play crucial roles in estate planning. These tools can ensure fair distribution, providing for children from previous relationships while safeguarding the surviving spouse. Trusts help manage assets, while life insurance can offer financial support, ensuring all family members receive their intended inheritances despite complex familial dynamics.
Estate plans should be updated regularly to prevent unintentional disinheritance due to divorce or unforeseen events. Consider establishing trusts or using prenuptial agreements to safeguard inheritances. Outline beneficiaries and review beneficiary designations on accounts and insurance policies. Clear communication and regular reviews can prevent many potential legacy problems.
Taxes, probate costs, and other fees could reduce the size of your estate. Various estate planning strategies may potentially to minimize taxes and fees. These include gifting assets within tax-exempt limits, establishing trusts, utilizing charitable donations or foundations, and maximizing exemptions. Your strategy should be based on your specific needs, goals, and estate circumstances.
No, there is no cost to attend.
No, you will be provided with pen and paper to take notes.
No there will not be any discussion of any investments whatsoever.
Legal documents are written by Attorneys. Do-it-yourself estate document software licensed from EDP, LLC. James Thatcher; Pine Brook Financial; Bright Lake Wealth Management; Key Estate Docs are not law firms and do not provide legal or tax advice. If you have questions about your specific circumstances, you should consult with
an attorney or tax advisor who is licensed in your state.
This report was prepared by Bright Lake Wealth Management, a state registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Insurance products and services are offered and sold through Bright Lake Financial Inc. (BLF) Bright Lake Wealth Management and Bright Lake Financial Inc. (BLF) are affiliated but separate entities. Neither the information nor any opinion expressed is to be construed as solicitation to buy or sell a security of personalized investment, tax, or legal advice.
My Path to Retirement
505 North 210th Street
Elkhorn, NE 68022
Phone: (816) 702-5158
The information contained herein is based on our understanding of current tax law. The tax and legislative information may be subject to change and different interpretations. We recommend that you seek professional legal advice for applicability to your personal situation.
This presentation is not intended to be legal or tax advice. The presenter can provide information, but not advice related to social security benefits. Clients should seek guidance from the Social Security Administration regarding their particular situation. The presenter may be able to identify potential retirement income gaps and may introduce insurance products, such as an annuity, as a potential solution. Social Security benefit payout rates can and will change at the sole discretion of the Social Security Administration. For more information, please consult a local Social Security Administration office, or visit www.ssa.gov.
