Greetings, Ideal Wealth Family
Welcome to Ideal Wealth Club's Military and Veteran Planning page, where the mission is to fortify the financial foundations of those who have served. Our focus is on fostering growth and creating enduring financial stability for service members and veterans. Being founded by veterans, Ideal Wealth Club understands the unique financial challenges faced by our military community and is dedicated to crafting tailored strategies. Explore retirement plans designed to work seamlessly with your TSP, allowing continued contributions even after service. Our commitment extends to providing increased coverage with no war exclusion, safeguarding your family's financial security. Join us on a journey toward financial empowerment, where your dedication is met with strategies that ensure lasting stability. #MilitaryPlanning #VeteranFinancialEmpowerment #IdealWealthClub
How will that affect my loved ones?
Debt
I have outstanding debt that I don't want my loved ones to be responsible for when I pass.
Income
I want to make sure that my loved ones can continue their lifestyle after I pass without too many changes.
Mortgage
I want to make sure my loved ones don't have to worry about where they're going to stay if I pass.
What’s happening in your life right now?
You are an integral member of your family! If something were to happen to you, your loved ones wouldn’t only lose you, but everything that comes with you. Too often, people don’t account for the loss of someone’s income or what debt would be left behind. This is where we come in, to ensure that your family is protected for everything that would be lost.
FAQ
If something were to happen to you today, would your family be okay without your income? A good reason to get income protection is if you are relied on for financial supplementation or have dependents. We can design a strategy together that provides income replacement to your dependents.
Have you ever thought about what would happen to your debt when you pass? Yes, in some cases, the survivor won't be held liable, but in others they may. Especially, in cases of co-signers, the survivor would still be liable for the payments. We can design a strategy that will protect your loved ones from debts such as mortgage, medical debts, and personal, student, and auto loans.
Yes, all of our strategies are designed with the end in mind. Avoiding probate is paramount to our business because we believe that in the worst case scenarios, our loved ones shouldn’t have to be burdened with financial disparity.
Probate is the legal procedure that happens when someone passes. It is when the courts enforce the will and any disputes of the estate. This process can take over a year to complete, or longer depending on the complexities of the will.
Our strategies are designed for one person, but there are options that can be added that protect spouses and children. This can be a great way to add extra coverage on the family, however our main objective is to protect everyone individually as to not detract from any benefits.
Absolutely! Although our strategies avoid probate and have clear beneficiaries, we still highly recommend obtaining a will. Wills are designed to inform loved ones on how the assets of the deceased should be distributed.