Legacy Planning is a plan to pass on your legacy if something should happen to you. However, it is much more than that – and below, we discuss how we can assist you with a legacy planning approach that protects those you love and plans for your future.
The best things in life aren’t things. Such a simple statement, but it holds so much meaning and intent. We know there is value in our financial assets, but more importantly, there is even greater value in our family treasures like family history, morals, beliefs and heirlooms. These treasured assets are the ones that are most often overlooked in traditional estate planning.
Legacy Planning is a more holistic approach to estate planning. It is the creation of a definitive plan for managing your total wealth while you’re alive, distributing your estate how you choose after your death, and a clear plan to pass on your legacy. Your estate includes all assets of any value that you own. This includes non-financial assets as well as financial assets, including real property, business interests, investments, insurance proceeds, retirement accounts and personal property. Your legacy also includes important decisions that ensure your family’s core values, responsible behaviors and community involvement, are passed on to future generations. Keep in mind, your legacy also includes personal effects, such as family heirlooms, stories, and accumulated wisdom and life lessons of your family.
We offer a wealth of free information and free estate planning seminars in our area. You can sign up to receive a notification for when we begin our events. We want you to feel confident about the choices you make – let us be your guide on the path toward preserving your family’s future. You can reach the talented team at Gershberg & Associates LLC by calling us at 410-654-3880 or by using the contact page on our website.