Life as we knew it was pulled fast forward in 2020. Our lives became digitized at a pace that few might have previously imagined. The future is now and it is limitless, despite those that thrive on the status quo. Embrace this opportunity to set yourself and your loved ones on the right path in real time and embrace the dizzying possibilities.
Putting together a comprehensive estate plan is a complex task. There are many factors to think about, including your assets, liabilities, personal financial goals, and family structure. Take time to sort through each of these items with your financial advisor so that you maintain control of the plan.
In the next two or three decades, it is expected that a great wealth transfer will occur. No matter how much or how little wealth you plan on passing down to your children or grandchildren, you should make it a priority to pass on your financial values to the next generation.
