Estate Planning

Estate Planning
Estate Planning — Take control of your legacy, assets and wishes

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Take control of your legacy, assets and wishes

Your estate may be bigger than you think. It’s everything you own. Cash and investments.401(k)s, Individual Retirement Accounts (IRAs) and pensions. Life insurance policies and real estate. Personal property, heirlooms and collections.

Estate planning is an important part of your comprehensive financial plan.

Estate planning is an important part of your comprehensive financial plan. It is the process for transferring ownership of  your possessions to specific people and organizations. Most people think of an estate plan as a process of passing on  possessions after you pass. Estate planning can also include distribution of assets and gifts while you’re still living. This can provide the satisfaction of seeing your money help others while you are still alive. It can also offer certain tax  advantages for you and the people receiving the gifts.

An estate plan goes beyond material goods and money. It can establish procedures for making health care and financial decisions if you can’t make them due to illness or disability. And it can spell out how you want end-of-life decisions to be made and who should make them.

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