Effective estate management enables you to direct your affairs during your lifetime and control the distribution of your wealth after death. Your estate plan can spell out your healthcare wishes and ensure that they are carried out–even if you are unable to communicate. You can designate someone to manage your financial affairs, should you be unable to do so.
It’s never too early to begin thinking about your legacy or to shape your estate plan. Contrary to what many people think, you don’t need to be a millionaire to have an estate plan. An estate plan is an important part of any ongoing financial planning process.
Your legacy transcends money; it also encompasses your values. Your wishes and dreams may include using your assets to help secure your family’s future or to support another cause close to your heart (e.g., your favorite charity, your community, or your place of worship).”
While we will offer suggestions, we encourage you to contact your accountant before finalizing your decisions.
