A process by which an individual or family arranges the transfer of assets in anticipation of death. An estate plan aims to preserve the maximum amount of wealth possible for the intended beneficiaries and flexibility for the individual prior to death. Wills and Trusts are common ways in which individuals pass their wealth on to future generations.
Legacy planning is a financial strategy that prepares people to bequeath their assets to a loved one or next of kin after death. Legacy is a gift or a bequest, that is handed down, endowed, or conveyed from one person to another. It is something descendible one comes into possession of that is transmitted, inherited, or received from a predecessor.
To solve the 3C's in LifE.
Putting the different pieces of the financial jigsaw puzzle together, identify planning gaps, and provide solutions to avoid the costs of not planning, causing confusion among loved ones, and worst promoting unnecessary conflicts among family members upon unplanned demise.
See how we design to get it done by highlighting three aspects of planning!