What is "Proper" Estate Planning?

Proper Estate Planning allows you to plan for yourself and your loved ones without giving up control of your affairs. Your estate plan should allow for the possibility of your own disability. It should give “what you own to whom you want, when you want, and the way you want”. Your estate should include fully disclosed and controlled costs for you, and for those you love. Creating an estate plan is not difficult, but it does require the involvement of all your professional advisors: your attorney, your accountant, and your financial advisors. If all of the professional are included in the planning, you are much more likely to have a plan that works. If not, you may receive conflicting advice that leads to confusion and inaction.

 

 

In all planned giving cases, it is recommended to contact a professional advisor.