How Can I Preserve My Legacy?

When you are planning your estate, you may be concerned about how you will be remembered after you pass away. If you feel this way, you can engage in a more comprehensive form of estate planning called legacy planning. There are various different things that you can do to craft a lasting legacy. In this blog post, we will provide some food for thought. Preserving Wealth Legacy planning is not all about money, but we should touch upon wealth preservation. People who are exposed to the federal estate tax must take steps to preserve resources for the benefit of their loved ones. In 2015, the estate tax exclusion is $5.43 million. Any portion of your estate that exceeds this amount is potentially subject to the estate tax. If you are exposed, you can implement tax efficiency strategies to preserve your financial legacy. Family History As an elder member of your family, you remember things that younger people in your family have no way of knowing. When you are shaping your legacy, you may


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