Estate planning and administration of assets is an important process in making sure your wishes are carried out and your loved ones are taken care of after your time. As it is an uncomfortable and difficult topic to discuss, it’s understandable why many people tend to overlook or procrastinate on this task. Such an essential task can be easy, especially with Asset Verification, Inc. (AVI). In today’s blog, we help you navigate the first step of estate planning and administration, the awareness phase so your legacy can live on and you and your family find peace of mind.
What is the Awareness Phase in Estate Planning?
The awareness phase in estate planning and administration is when you acknowledge the importance of planning for the distribution of your assets and the well-being of your loved ones after you pass. It involves recognizing the need to take the necessary steps to ensure your wishes are carried out and your estate is managed efficiently.
Why is it Important for Estate Planning and Administration?
The awareness phase tends to be the hardest step. During this phase, you are in a very vulnerable position making the need for support and help important. When you work with a company that aims to make this difficult process easy, it makes the experience much more comfortable for you. That’s where AVI comes in.
Navigating the Awareness Phase of Estate Planning with AVI
With AVI, we have the answers to all your estate planning questions. With our Estate Planning and Settlement Tools, your entire estate will be inventoried, appraised, and listed on our online platform. When you use our Estate Planning and Settlement Tools, each item will include its value, condition, size, and location. In addition to this, you will also be able to update the beneficiary of each item directly from our platform. So instead of having to remember every single detail to create your estate plan, you can have all the information you need at your fingertips.
Another one of our estate planning solutions that’s quick and cost-effective is our 3D HomeScan Package. With this package, you will get a highly detailed 3D video of your home and the contents of it. Items can be tagged throughout the video making it an effective video inventory of your home.
How Does AVI’s Estate Planning and Settlement Tools Work?
We will come to your house and take inventory of your home. (You can have an appraisal of each item done too, but it is completely optional). Each item that has been inventoried will be uploaded to our Estate Planning and Settlement platform and you will have full access to the information. From the platform, you can designate the beneficiary of each item. Your beneficiaries can also have access to the information on the platform and can choose items themselves (Note that only you can see which items each beneficiary chooses.) After everyone has selected the items they would like, only you have the power to distribute and select who specifically receives each item. You are also able to update the beneficiary directly from the platform.
Give yourself and your family peace of mind and secure your legacy with Asset Verification, Inc. (AVI). We have all the solutions to your estate planning and administration needs so that your assets are fairly distributed after your time. Schedule a consultation with us so we can answer your estate planning questions and guide you through the process.
Based in Florida, we are here to serve you with the utmost professionalism and expertise in estate planning and settlement.
To speak with our specialists and learn more about estate planning and settlement, please send us a contact form by clicking here, or call us at 800-335-0513.