Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. An effective estate plan can spell out your healthcare wishes and ensure they’re carried out – even if you are unable to communicate. An effective plan can even 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 you may choose to support another cause close to your heart. This might be your favorite charity, your community or your place of worship, to name a few.
We can help you design a legacy consistent with your dreams and values. Estate planning is critical to ensure that your family receives the assets you have accumulated during your life. Regardless of how much money you have, we feel estate planning is the best way to protect the financial interests of your family when you are no longer here to do so.
While tax and legal issues may be discussed in the general course of financial and investment planning Simplicity Wealth does not provide tax or legal advice. Please consult with your tax or legal professional prior to making decisions relative to these issues.