The Importance of Legacy Planning

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The Importance of Legacy Planning
End-of-life planning can be hard, but the more
ready you and your family are for the final
steps, the easier they will be to
navigate. End-of-life planning includes the
collection of essential documents and decisions
about medical maintenance and healthcare
needs. Legacy planning is usually associated with
estate planning, but the meaning has started to
change. While it largely depends on financial
assets and personal belongings, legacy planning
is more all-encompassing than simply
bequeathments. Legacy planning is included in the
list of important documents that will help to
save your family during the bequeathal
process. Inheriting money can be expensive, and
it can end up costing your loved ones a lot of
money.