The Blueprint for Your Legacy

Whether it’s for your family or philanthropy we want to help you design the blueprint for your legacy!

Estate plans and wills are no different. In contrast, a will is a legal document that is created and determines who should receive assets or property after a person’s death. A will is usually included as part of a comprehensive estate plan. In addition, estate planning is likely to include other financial management tools which may include trusteeship or multiple trusteeships that can be in effect for as long as the individual is alive. An estate plan can be tailored to each individual based on their unique assets, needs, and desires for their estate. An estate plan is far more comprehensive than just a will, should an individual wish to create one.

There are other components that may be necessary to create an estate plan, depending on an individual’s needs. An estate plan should include a power of attorney who will be designated in the event that the owner of the estate is no longer able to manage their affairs. A power of attorney permits the estate owner to designate another individual, called an agent, who is allowed to make legal decisions on their behalf.