- Scottsdale, AZ
Estate Planning Scottsdale
ARQ Wealth Advisors is a Scottsdale-based wealth management firm specializing in helping clients grow, maintain, and pass down wealth according to their wishes. Of these three services, the third is arguably the most important.
Estate planning is the process and strategizing needed to ensure your hard-earned wealth is passed on to your friends, family, or loved ones. This process is the culmination of decades of hard work and can be one of the most significant decisions of your life.
Comprehensive estate planning involves creating a plan for how your assets will be distributed and managed after your passing. Despite common belief, the estate planning process is essential for everyone – regardless of their tax bracket.
Why Work With ARQ Wealth for Estate Planning?
The advisors at ARQ Wealth have extensive experience with estate planning in Arizona due to our truly comprehensive approach that ensures nothing slips through the cracks. In addition to creating an asset protection plan, a staple part of our process involves minimizing taxes, court costs, and unnecessary legal fees. In some cases, this means partnering with estate planning attorneys to ensure that the bulk of your estate is passed down according to your wishes—not siphoned into the government’s pockets.
For many families, creating an estate plan is the first step to building generational wealth. Customers continuously choose ARQ Wealth to assist with their estate planning for a handful of reasons.
Experienced and Licensed Team of Professionals
Estate planning is a meticulous process that requires extensive experience. This is why so many Scottsdale residents work with the team at ARQ Wealth.
Our team brings over 15 years of combined experience in financial planning and holds all the necessary legal credentials to speak to these topics, including CFP®, RICP®, AIF®, and CFA. In total, the team at ARQ Wealth has implemented more than 3,000 financial plans thus far.
Attention to Detail
Estate planning is a highly complex task requiring an attentive eye to ensure all of your final wishes are fulfilled. Even a modest estate can require dozens of financial decisions. You’ll have to create a plan for all of your assets, including:
- Your home
- Automobiles
- Real estate holdings
- Checking and savings accounts
- Retirement accounts
- Other investments
- Life insurance
- Furniture
- Personal possessions
Each possession will likely have unique tax requirements. Fortunately for you, the team at ARQ Wealth Advisors has been reviewing estates for years and knows exactly what needs to be done for each asset.
Preemptive Tax Planning
Tax planning is an absolutely crucial part of the estate planning process. After all, you want your hard-earned money to line your loved one’s pockets, not the government’s. Between real estate holdings, investment accounts, and federal/state requirements, there are dozens of different tax obligations to be aware of. Rest assured that ARQ Wealth Advisors understands the ins and outs of this process and does everything within our power to minimize your tax burden.
Fiduciary Responsibility
ARQ Wealth Advisors adopt the Institute for the Fiduciary Standard’s Real Fiduciary Practices. These Real Fiduciary Practices are professional conduct standards for fiduciary advisors and mean that each financial advisor on our team is held to the most rigorous ethical standards.
As mentioned, estate planning is the culmination of your life’s work. We take this responsibility incredibly seriously, which is why we adhere to the strictest professional requirements.
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Plan Your Estate With ARQ Wealth
The team at ARQ Wealth is here to guide you through the estate planning process from beginning to end.
We also recognize that creating an estate plan can be a family affair. We are happy to communicate with your family members and build relationships to help facilitate the process before or after your passing. Here’s what you can expect the process to look like when creating an estate plan.
- Exploratory Meeting to Discuss Your Requirements
- Establishing the Necessary Entities
- Following Through With Your Plan
Exploratory Meeting to Discuss Your Requirements
The first step in the estate planning process is to book a free consultation with a financial advisor on our team so that they can learn your goals. During this meeting, we can guide you through the necessary steps to protect your estate. We will also advise you on the best practices to ensure that you pass down your estate in the most tax-friendly way possible.
Establishing the Necessary Entities
Legal entities like a will, trust, revocable living trust, and even an LLC can help ensure a smooth and efficient transfer of assets. These entities are also crucial to helping ensure you pay the least tax amount possible.
Our team has decades of experience in managing and helping create these entities and will be there at every step to ensure you are structuring your estate in the best way possible. This includes understanding the necessary legal documents to create legal entities, designating beneficiaries, and ensuring that all entities are tax-compliant at both the state and federal levels.
Following Through With Your Plan
Creating a plan and putting it into motion is just the beginning.
Once we have established a plan, you can relax knowing that the ARQ Wealth Advisors team will help ensure that it is followed after your passing. In most cases, this includes ensuring all accounts are set up properly (correct beneficiaries, retitling to the name of trusts, etc). If a client passes away, we are here to help organize the assets according to court orders and legal documents.
Additionally, because we pair you with a team of advisors, you know your plan will be fulfilled even if the advisor you speak with leaves.
Estate Planning Frequently Asked Questions
Why should I trust ARQ Wealth with my estate plan?
Having left corporate institutions, the advisors at ARQ Wealth understand the importance of providing personalized service and maintaining low client-to-advisor ratios, ensuring every client is given the time and attention they deserve. Additionally, our advisors are experienced professionals who possess relevant credentials and have implemented over 3,000 financial plans collectively.
How do I create an estate plan?
Estate planning is the process of sitting down to create a plan for your assets that typically goes into effect once you’ve passed. This process includes determining who should receive your property and belongings like your home, retirement accounts, or business. The estate planning process can also involve long-term care planning to ensure that your medical needs are accounted for during retirement.
Do I need to work with a law firm?
The team at ARQ Wealth Advisors is more than prepared to assist you throughout the estate planning process. However, having an estate planning attorney on your side can be valuable when dealing with the legal aspects of creating an estate plan. ARQ Wealth Advisors has many contacts within the industry and can connect you with the most reputable law firms in the Phoenix area.
Move Forward with ARQ Wealth
Move Forward with ARQ
Are you ready to secure the ideal retirement in Scottsdale?
ARQ Wealth is ready to guide you every step of the way.
Our team is ready to help you make sure retirement is a time of life that you can enjoy to its fullest. With personalized solutions designed to optimize your income and comprehensive estate planning designed to protect your legacy, ARQ Wealth is your complete fee only wealth and asset management investment advisory firm that will help secure your golden years.