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Nancy Du
Nancy Du
Ashford Advisors Financial Advisor
https://www.ashfordadvisors.net/team/nancy-du

Nancy Du is a certified financial planner who works with individuals and couples age 55 and older—those who are preparing for retirement or already living it. For her, financial planning isn’t about chasing the highest return. It’s about helping people use money as a tool to create freedom, peace of mind, and a fulfilling next chapter.

Not sure if your current financial plan still fits your life?
Going through a major life event and need clarity?
Starting to seriously think about retirement?

You don’t have to figure it all out alone.

Book a 20-minute call with Nancy—a no-pressure conversation to ask questions, explore possibilities, and see if working together makes sense.

It never hurts to explore. 

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Four Reasons Millennials Need an Estate Strategy

Estate Read Time: 3 min

You’re young, have little in savings, and might not have anyone relying on you, financially. So, why do you need to think about estate management?1

Here are four great reasons:

Estate Strategies: They're Not Just for the Elderly

  1. You need a will. You may ask yourself why a will is important if you don’t have much to pass on. A will is not just about transferring assets. It can be used to accomplish other tasks, such as naming who should manage your social media accounts once you’re gone or inherit items you’ve accumulated, like collectibles or your car.
  2. Don’t burden others with burial expenses. Funerals can be expensive, and if you don’t have the savings to meet those costs, that burden gets shifted to others.
  3. Consider a medical directive. This important document states your wishes for end-of-life care. In the case of an unfortunate accident, a medical directive provides instructions about the level of care you want, e.g., palliative care only.
  4. Create a durable power of attorney for health care. In the event that you are unable to make medical decisions for yourself, this gives the individual of your choice the legal power to act as a health care proxy for you.

A medical directive and health care durable power of attorney can ensure that you are provided the level of care consistent with your wishes. They can also prevent family discord in the event of differing opinions.

Though the multiple financial goals of many young adults often require more resources than present earnings can meet, these important planning steps can be accomplished at a small cost.

1. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG, LLC, is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright FMG Suite.

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