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Touchstone Services
Family Legacy Planning
Family Legacy Planning is the process through which people establish
how they want their personal and financial matters handled upon
their death. Family Legacy Planning is your opportunity to ensure
that your assets will benefit those of your choosing without
the risk of redirection by others.
The most common vehicle for
bringing certainty to your legacy is a will
and/or revocable living trust.
Without a thorough and valid will, the determination of who will
benefit from your estate and who will care for your children
is likely to be decided by the state. In addition,
the legal fees and other costs of a messy probate can consume a
large portion of your estate.
Despite
these risks, 70 percent of adult Americans have not done any
planning for what will happen with their assets. For the
others who have established a plan, 70 percent of those are
outdated or
ineffective. For whatever reason, it is difficult for most
of us to get motivated for dealing with the importance of protecting
the financial security of those we leave behind.
We can help.
Our Family Legacy Planning program will make it easy for
you to get started and to see your plan to completion.
We provide the structure, explanation and guidance for you
to easily
understand the process and to make the decisions that are
right for you. Our approach encompasses:
- Gaining a thorough understanding of your goals and objectives.
- Determining
where in the process you are now and where you want
it to take you.
- Explaining the how,
what, when, where and why of Family Legacy Planning.
- Offering
food for thought and other insights to stimulate
your thought process.
- Leading you step by step through the process of evaluation
and decision making.
- Providing guidance
for dealing with the technical issues involved.
- Playing
a supporting role to your attorney for transforming your
wishes into the appropriate legal documents.
- Integrating your Family Legacy Plan with appropriate
wealth preservation strategies to protect
your estate from avoidable transfer taxes.
No matter what our age or health, the risk of premature death
or mental disability shadows us all. Should
fate deal us a surprise card, it is unfortunately our loved ones
who will bear the consequences
of
our
inaction.
Don’t put it off any longer! Let us make
it easy for you to get started.
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