Estate and Legacy Planning involves looking ahead at the most desirable and cost-effective ways to distribute the net worth you have built over your life to those who you wish to inherit what you eventually leave behind.
Many believe Estate and Legacy planning is only for "the rich." However, if you own a home, you own an asset for which it would be wise to have an estate plan.
Estate planning involves such legal instruments as wills, trusts, beneficiary designations, powers of attorney and gifts. It eliminates uncertainties over the administration of a decedent's wishes and maximizes an estate's value by reducing taxes and other expenses for the beneficiaries.