Estate Planning - Financial Advisors

Glover Park Wealth Management, LLC is fiduciary Registered Investment Adviser (RIA), we are obligated to act in their clients' best interests, providing objective, conflict-free guidance on financial matters, including estate planning.


As licensed financial advisors, Glover Park Wealth Management, LLC does not provide legal advice, however we partner with several licensed estate attorneys that draft our client's estate planning documents such as wills or trusts (that requires an estate planning attorney), who play a crucial complementary role by integrating estate planning into a client's overall financial strategy.


How do we assist with Estate Planning?

  • Custom Financial Assessment and Goal Alignment — Glover Park Wealth reviews your full financial picture—assets, liabilities, income, investments, retirement accounts, insurance, and tax situation—to ensure estate plans align with your long-term objectives, such as wealth preservation, family provisions, or charitable giving intentions.
  • Coordination with Professionals — We act as your financial "quarterback," collaborating with estate attorneys, accountants, and our inhouse licensed insurance specialists to implement strategies. For example, we work with licensed attorneys that assist with asset titling, beneficiary designations, and funding trusts to avoid common pitfalls like outdated beneficiaries overriding a will.
  • Tax-Efficient Wealth Transfer Strategies — Glover Park Wealth coordinates with our attorney partners on minimizing estate, gift, and inheritance taxes through techniques like gifting assets during your lifetime, using irrevocable trusts, or structuring retirement account distributions (e.g., inherited IRAs).
  • Beneficiary and Asset Titling Review — Our attorney partners ensure retirement accounts, life insurance, and investment portfolios have correct beneficiary designations and proper titling (e.g., joint tenancy or transfer-on-death) to facilitate smooth transfers and avoid probate.
  • Trust Funding and Investment Management — Our financial advisors will help select and manage investments within revocable or irrevocable trusts, optimizing for growth, income, or risk tolerance while aligning with trust purposes (e.g., education funds for grandchildren).
  • Charitable and Legacy Planning — For philanthropic goals, we recommend tools like donor-advised funds, charitable remainder trusts, or qualified charitable distributions to maximize tax benefits and impact all in coordination with your estate attorney.
  • Risk Management and Contingency Planning — The insurance advisors at Glover Park Wealth incorporate insurance reviews (e.g., life insurance for liquidity, long-term care) and plan for incapacitation through powers of attorney or healthcare directives, ensuring financial continuity.
  • Ongoing Reviews and Updates — Life changes (marriage, children, divorce, or market shifts) we work with clients to revisit estate plans, helping clients update documents and strategies proactively.


By focusing on the financial and investment aspects, our fiduciary advisors ensure estate planning is efficient, tax-optimized, and truly client-centered—without the conflicts that might arise from commission-based advisors.


For the legal advice, we will coordinate with or licensed estate attorney partners to facilitate an introduction meeting. This team approach often results in more comprehensive, personalized outcomes for our clients.


If you would like to meet with our licensed estate attorney partners, schedule a time to meet with our fiduciary financial advisors today to discuss your estate planning goals.

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Fiduciary Financial advisor

Partner with licensed Estate Attorneys

Our estate planning services offer a comprehensive solution to address all your needs for planning your legacy.

  • Revocable Living Trust

    A revocable living trust, is a written legal document that directs how assets will be disbursed or allocated after the grantor of the trust passes away. 


    Client's will work with our partner estate attorneys to setup their revocable living trust, retitle assets into the living trust, and avoid probate on those assets.

  • Living Will

    The living will be used to instruct medical care providers on how to proceed with making decisions regarding your health if you can no longer make decisions for yourself. The living will also protect your family members from having to make difficult choices about your care since they will be following your instructions on the living will.

  • Last Will & Testament

    A last will and testament is a legal document that gives clear and concise instructions on how they would like assets distributed following passing.


    You will have the ability to name a guardian for minor children in a will and name the administrators or executors who are responsible for managing and distributing your property.


    If you do not have a last will on file, the state law determines who will inherit your assets upon passing.  


    Each state has different laws and regulations, but most states will require the will to be signed in front of a certain number of witnesses who are also required to sign the document.

  • Durable Power of Attorney

    A power of attorney (POA) is a legal document that gives a person that you choose the power to act in your behalf if you become mentally incapacitated. You will need a "durable" power of attorney (DPOA) document to be responsible for the medical care and finances of the mentally incapacitated person.


    The durable power of attorney document (DPOA) gives the appointed person legal authority to take care of your medical and financial matters such as: paying bills, signing checks, managing investments and make very important decisions regarding the healthcare of the incapacitated individual.

  • Advance Health Directives

    An advance healthcare directive is a legal document in which a person makes their wishes regarding end-of-life decisions so there is no confusion during these difficult times.


    It protects persons right to refuse medical treatment or request medical treatment in the event they aren’t able to make healthcare decisions on their own.

  • HIPPA Authorization Form (Health Insurance Portability & Accountability Act)

    The HIPPA authorization form outlines exactly who can speak on your behalf to medical personnel about your medical care, condition, and treatment. The doctor or health care provider will not speak to anyone on the phone or provide medical updates about your condition if they are not specifically named in the HIPPA Authorization Form. 


    The Health Insurance Portability and Accountability Act gives you this protection under the law to keep your medical records and condition private unless you authorize a person in your HIPPA Authorization Form to receive such confidential information.


    We recommend that all clients have the HIPAA authorization form in place as part of their estate planning.

Providing clarity for future generations.

At Glover Park Wealth Management, we believe in building long-term relationships that last a lifetime and beyond.


Our firm partners with licensed estate planning attorneys to establish your will, durable power of attorney, HIPPA medical forms, revocable living trusts, irrevocable trusts, and life insurance trusts.


We prioritize clear communication and detailed planning to minimize uncertainties and maximize the value transferred to your beneficiaries, preserving your legacy for future generations.

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Customized Advice

Estate Planning that is tailored to your unique circumstances and long-term wealth management and legacy goals.

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Planning for the future to protect your legacy.