Estate planning is about wealth accumulation, preservation, tax minimization strategies, and determining a legacy. But financial wealth is only one ingredient in a legacy. There are family members, spouses, children, sisters, brothers, parents, and friends who represent part of a legacy you create.
There are values and beliefs that you may want to have forwarded through a foundation, in your community, and/or among your surviving family members. It is here where estate planning holds some of its greatest challenges, because the personal issues and factors that exist in your situation are yours alone.
We can help you navigate through your own maze of personal factors with strategies that can balance financial savings and the personal legacy you seek.
We are not attorneys, but as your financial advisor, we can facilitate the process of decision-making through education and a coordinated effort with your attorney and accountant.
Estate Planning subjects can include:
- Living Wills
- Health Care Proxies
- Powers of Attorney
- Medicaid Planning
- Charitable Gifting
- Tax Planning
- Long-Term Care
- Business Succession
- Beneficiary Designations
Neither our firm, Royal Alliance Associates, nor any representatives of the two provide legal or accounting advice. If legal or accounting advice or other expert assistance is required, the service of a currently practicing professional should be sought.