Laramond Risk Management Insurance Inc offers a wide range of estate planning services to both individuals and business owners, aimed at enabling them to effectively manage their finances and assets. Our comprehensive services ensure that individuals can provide for their loved ones, distribute their assets as per their wishes, and preserve their legacy with ease.
A will is crucial for both families and business owners alike. For business owners, having a will in place ensures the safeguarding of their assets, a seamless transition of ownership, and financial security for their loved ones. Similarly, for families, it simplifies the allocation of investments and the appointment of legal guardians for dependents.
LRM provides an array of life insurance options that cater to both short and long-term needs, ensuring that your family’s financial security is secure. We offer both term and permanent coverage to give you peace of mind regarding the future. Apart from personal coverage, we also offer a variety of insurance options for corporate clients, such as Buy-Sell and Key Person insurance.
With effective tax planning you can potentially save a substantial amount of money, enabling you to leave behind a larger inheritance for your loved ones. Through reducing the taxes owed on your estate, you can ensure that your assets are distributed as per your preferences, with a lower percentage going towards tax payments. Proper tax planning can also assist you in preserving your legacy, facilitating the transfer of wealth to future generations and enabling support for the causes that are important to you.
Making charitable contributions is a significant and impactful way to support causes and organizations that are close to your heart, while also benefiting society. You can opt for charitable giving through life insurance or bequests through your will, which can result in substantial tax benefits, reducing your taxable income in the process.