A Will is Not Enough
Estate Planning that supports the legacy you want to leave behind
When our financial advisors introduce estate planning discussions, the most common response we hear is: “I already have a will.” One of the most significant mistakes you can make is relying solely on a will to administer your estate.
A will does not provide:
Our advisors review various trust options to help address the items above. Trusts are confidential, have specific terms and a trustee to oversee the terms are carried out, can include spendthrift clauses, and hold assets securely so that they bypass probate altogether.
Wills v. Living Wills
Wills are documents that provide instructions for the disposition of your assets upon your death. Other estate planning efforts help guide the administration of your money and assets, as well as healthcare decisions, while you’re alive. In the event you’re incapacitated, a living will and powers of attorney can include instructions for an appointed party who can oversee your finances and healthcare decisions.
Our advisors work closely with your attorney to help you revise or create an estate plan that supports the legacy you want to leave behind. Schedule a consultation to discuss how to employ estate planning tools so that they align with your values.