Estate And Legacy Planning

This is one of the most overlooked aspects in a financial plan. But, this is a critical topic we will discuss.

We will have conversations about your wishes, if you are no longer able to make decisions yourself, or you have passed away. In our opinion, the best way to show your loved ones that you love them, is to have an estate plan - to have everything in order for them.

Having an estate plan can include everything from Wills, Power of Attorneys, Trusts, to the most simple items, like, how to pay the water bill and passwords to the bank accounts. If something happens to you, we want your loved ones able to grieve and not be worried about how they do things, like how to pay bills, when you aren't there.

Active estate planning helps you know your heirs are protected. As state and federal estate tax laws change, estate planning becomes more complicated. Families obtain more wealth and own multiple properties, acquire tangible appreciated assets, and potentially use multiple trusts to fulfill different financial planning objectives. Estate and legacy planning should be an active process by your team, much like wealth management and active investing. Your estate plan should be built on personalized strategies and frequent updates as market conditions, laws and family structures change.

We often observe most families do not have adequate contingency plans in place for the unexpected. We work hand-in-hand with your estate team to make sure your plan is centered around your wishes and to prepare with appropriate provisions for life’s contingencies.