4 Goals Your Estate Plan Can Help You Achieve

What is your estate plan all about? Is it about saving your assets from estate tax, or is it about leaving an inheritance for your children? Or is it something even beyond that—providing for your own financial security during your life, thus enabling you to leave a lasting legacy for your family?

Estate planning—or what this article from Investors Insight likes to call legacy planning—can help you achieve all of these goals. The article outlines the four primary goals an estate plan can help you achieve if you and your attorney work together to make your plan more than merely a tax savings tool:

  1. Financial Security
  2. Estate Care and Management
  3. Protecting your Estate
  4. Minimizing the Tax Burden

Tax planning is absolutely an important part of your estate planning process, but tax laws have a tendency to change, and with a new estate tax law expected in 2009 or 2010 it is essential to remember your other goals as well when you plan your estate. Our firm can help you achieve those goals and prepare for whatever the future may bring.