Estate Planning

Let’s talk about estate planning…

Did you realize that Estate plans are about much more than how much money you have? Estate plans help ensure that your legacy lives on and your wishes are carried out.

An estate plan aims to preserve the individuals’ legacy by retaining the maximum amount of wealth possible for the intended beneficiaries and flexibility for the individual prior to death. Estate planning distributes the real and personal property to an individual’s beneficiaries. The most common ways that individuals dispose of their wealth are through wills and trusts.

Life Events that prompt the need to create an Estate Plan

• Getting married

• The birth of a child

• The birth of a grandchild

• The start of a new business venture

• An increase in net worth

• Change in tax legislation

• The death of a spouse or family member

• Inheritance

• Getting divorced

• The sale of a business or property

6 Essential steps in the Estate planning process

(1) Create an inventory of what you own and what you owe

(2) Develop a contingency plan

(3) Provide for children and dependents

(4) Protect your assets

(5) Document your wishes

(6) Appoint Fiduciaries

How Can We Help You?