Legacy Wealth Planning in Nevada www.wealth-counselors.com
Estate Planning is essential for everyone regardless of economic status. If you have been fortunate enough to establish a strong financial base for you and
your family, it is that much more essential that you plan ahead for your family’s
future. You have the ability to determine ahead of time, exactly how your legacy will be passed on. Otherwise, your family may not benefit from your hard work in the end. The purpose of legacy wealth planning is to allow clients to preserve their financial wealth using various estate planning tools such as living trusts, wills, powers of attorney, irrevocable trusts, charitable giving and others. When these tools are used to create a comprehensive plan for the future, the benefit can be invaluable.
HAT IS A
Not only does Legacy Wealth Planning help to preserve your financial wealth, but a comprehensive estate plan will also include a plan for managing your assets in the event you become incapacitated. An estate plan can also designate the person you want to care for your minor children at your death. Most estate plans include a Durable Power of Attorney and a Will. However, there are several other legal instruments that can be used to provide for your heirs after your death. An estate planning attorney will be able to help you create the comprehensive plan that will best fit your situation.