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This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

VIDEO: Protect Your Legacy: How an Irrevocable Life Insurance Trust (ILIT) Can Secure Your Family’s Future

November 5, 2024 Estate Planning

In this video, we’re diving into Irrevocable Life Insurance Trusts (ILITs)—a powerful estate planning tool designed to reduce estate taxes, avoid probate, and protect your loved ones. We’ll walk through what an ILIT is, how it works, key benefits, and important things to consider before setting one up. Whether you’re planning for future generations or simply exploring estate planning options, this guide will help you better understand ILITs and how they can fit into your financial plan!

VIDEO: Understanding Trusts

October 22, 2024 Estate Planning

In this video, we break down everything you need to know about trusts and how they can be a powerful tool in your financial planning! Whether you're looking to protect your assets, plan for your loved ones, or reduce estate taxes, trusts offer flexibility and security for your financial future.

VIDEO: Estate Planning: A Guide to Understanding a Will

June 23, 2024 Estate Planning

In this video, you'll learn about why you may need a will, some key components of a will, ways to disperse your assets if your heirs predecease you, and how to avoid conflict over your wealth.

VIDEO: Basics of a Power of Attorney

June 22, 2024 Estate Planning

In this video, we explain the purpose of a power of attorney and why you may need to have a power of attorney in place. A power of attorney is a critically important part of an estate plan that can protect you in various ways.

VIDEO: Introduction to Estate Planning

June 11, 2024 Estate Planning

In this video, we discuss what estate planning is, the risks of not having an estate plan, who you may need to help develop your estate plan, and ways to get estate documents drafted at little to no cost.