The best things in life aren’t things.
Such a simple statement, but it holds so much meaning and intent.
We know there is value in our financial assets, but more importantly, there is even greater value in our family treasures like family history, morals, beliefs and heirlooms. These treasured assets are the ones that are most often overlooked in traditional estate planning.
Legacy Planning is a more holistic approach to estate planning. It is the creation of a definitive plan for managing your total wealth while you’re alive, distributing your estate how you choose after your death, and a clear plan to pass on your legacy. Your estate includes all assets of any value that you own. This includes non-financial assets as well as financial assets, including real property, business interests, investments, insurance proceeds, retirement accounts and personal property. Your legacy also includes important decisions that ensure your family’s core values, responsible behaviors and community involvement, are passed on to future generations. Keep in mind, your legacy also includes personal effects, such as family heirlooms, stories, and accumulated wisdom and life lessons of your family.
We want you to feel confident about the choices you make – let us be your guide on the path toward preserving your family’s future.
Legacy Wealth Planning helps you examine not only your financial and non-financial goals and concerns but it also focuses on the values and legacy you wish to leave behind. With a customized Legacy Wealth Plan, you can minimize the emotional impact on your family, retain valuable assets and ensure that your legacy lives on through those you love and your future generations.
In our estate and legacy planning meetings, we take a deeper look at the real-life issues facing families today…
- Your surviving spouse re-marries, or has creditor problems, or has an accident and is sued
- Your children and or grandchildren go through their own divorces, re-marriages, or has lawsuits or creditor problems
- Disability for either spouse – long nursing home stays can be financially devastating
- Passing on your personal values and heirlooms
- How to set up incentives and distributions that will ensure wise choices by family members so your legacy lives beyond your first generation