What Will You Leave Behind for Your Loved Ones?
Estate planning is the process by which a living individual prepares for the distribution of assets in the event of death. Like our discussion of risk management and insurance, estate planning involves discussion of a difficult subject—our eventual and certain demise.
Estate planning involves legal work and, therefore, requires an attorney. The passing of estates involves taxes, and therefore requires the counsel of a tax advisor. Our role as an advisor is to organize and finance the plan, working with our clients and their attorneys and tax advisors to implement the funding of estate plans. These plans may include passing an estate to heirs or establishing a legacy via charitable endowment or other charitable donation.