Legacy Planning

Legacy planning is the process of ensuring that your assets are distributed according to your wishes after you die. It can also involve making arrangements for your care and support if you become incapacitated. Legacy planning can be complex, so it is important to work with a estate & succession planner.


Here are some of the key aspects of legacy planning:

  • Will: A will is a legal document that specifies how your assets will be distributed after you die.
  • Trust: A trust is a legal entity that can be used to hold assets and distribute them according to your wishes.
  • Lasting Power of Attorney: A Lasting Power of Attorney is a document that gives someone else the authority to make financial and legal decisions on your behalf if you become incapacitated.
  • Advance Medical Directive: Advance Medical Directive is a legal document that you sign in advance to inform the doctor treating you (in the event you become terminally ill and unconscious) that you do not want any extraordinary life-sustaining treatment to be used to prolong your life. 


Legacy planning is an important part of ensuring that your wishes are carried out after you die. It can also help to protect your assets and ensure that your loved ones are taken care of.


Here are some additional benefits of legacy planning:

  • Peace of mind: Knowing that your affairs are in order can give you peace of mind.
  • Tax savings: Legacy planning can help you to minimize your estate taxes.
  • Control: Legacy planning gives you control over how your assets are distributed.
  • Flexibility: Legacy planning can be flexible and can be changed as your needs change.


If you are not sure where to start with legacy planning, schedule a meeting with Zwen.