Why is Legacy planning important?

Legacy planning is not only for the rich. Without a plan in place, settling your affairs after you go could have a long-lasting and costly impact on your loved ones, even if you don’t have a pricey home, large IRA, or valuable art to pass on.

Transferring #wealth from estate to beneficiary is often far from simple. Just dealing with the probate process alone can take months, sometimes years. Legacy planning ensures that you take control of leaving the right message behind. It is important because it means you are proactive in ensuring your own wishes are respected.

The process to implement legacy financial services is all about coming to terms with certain goals and interests regarding how the estate should be utilized for maximum benefit, not just for the family but also in order to make a difference to the lives of others. Hence, if you want your assets and your loved ones protected when you can no longer do it, you will need a Legacy plan.

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