Estate planning is the management, preservation, and the distribution of your assets, both during your life and upon your death.
Your “estate” is all your assets of any value that you own, including real property, business interests, investments, insurance proceeds, personal property and even your personal effects. Estate planning is necessary to ensure your assets are distributed as you want, and your wishes are carried out in the event of your passing or incapacitation.
An “estate plan,” generally, refers to the way your estate is passed on to your loved ones in the event of your death.
Do you have your estate plan in place, or will you use the one designed by your state and federal government?
Helping others or contributing to an organization that improves or advances our society, is something that brings tremendous joy to us and our families. Simple gifts are easy but through advanced planning, you can create a sustainable legacy that can enrich the lives of those it serves.