Every holiday season, people go above and beyond to find the perfect presents for their loved ones—something meaningful and thoughtful. The greatest gift of all, however, is something you will not find in a store. Legacy planning gives your family the ultimate treasure: peace of mind and a future full of promise.
What Is Legacy Planning?
Legacy planning entails building and preserving a meaningful future for your loved ones. At its core, legacy planning involves:
- Identifying, defining, preserving, and passing down your assets to the next generation and beyond.
- Including acts of charitable giving to make a lasting impact on the community or causes close to your heart.
- Most importantly, ensuring that the legacy you choose to leave behind reflects your values and priorities.
Why Legacy Planning Is the Best Holiday Gift
The true beauty of legacy planning lies in its long-term practical and emotional benefits.
- Financial Security for Your Family: With a clear legacy plan, your loved ones will have the resources they need to thrive, even in your absence.
- Estate Protection: Proper planning minimises legal disputes and other personal challenges that can arise when settling an estate.
- Peace of Mind: Knowing that your hard-earned wealth will be handled exactly as you wish provides invaluable comfort.
- Family Harmony: By clearly outlining your wishes, you reduce the potential for conflict among heirs.
Make This Season of Giving Memorable
The season of giving is a perfect chance to think about what actually matters: your family’s future. Setting aside time to discuss legacy planning with your loved ones can start significant conversations about their long-term objectives and desires.
Legacy planning is not something you can rush or wrap up in a single afternoon but a thoughtful process that can take a few weeks or up to a few months, giving you ample time to consider every detail and make the best choices for your loved ones. And there’s no better time to start than during the holiday season, a time when family is at the forefront of our hearts and generosity is in the air.
CONNECT WITH SUMMIT PLANNERS
The best gifts are the ones that last a lifetime. Contact Summit Planners and speak with our estate planning specialists to learn more about legacy planning and give your family the peace of mind they deserve.
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Disclaimer:
The information provided is for general information only and does not constitute financial advice. While we have taken care to check the source of the information, we cannot guarantee that the information is accurate, complete, or will suit your individual financial needs. You are advised to seek professional assistance.
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