Estate planning fundamentals: Preserving wealth not just for the rich

Spotlight on Finance

— To develop an estate plan that is best aligned to your interests, you should work with a reputable lawyer, skilled fiduciary specialist and other professionals who have experience and expertise in wealth transfer planning, custom trust solutions, trust administration, estate tax minimization, power of attorney/living will, document review, beneficiary designation, titling of assets and real estate management services.

Remember, you’ve worked hard your whole life to provide support to your family. Your estate plan will ensure that you can continue to do that after you die or are no longer capable of doing so. For most people, that makes a well-defined estate plan less of a nice-to-have and more of a necessity…especially for individuals who are capable of and care about leaving a legacy.

Vote on this Story by clicking on the Icon


Use the comment form below to begin a discussion about this content.

Sign in to comment