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Wills, trusts and avoiding probate are always the first things to come to mind when Estate Planning is mentioned. While everyone needs a will, not everyone needs a trust to avoid probate. A power of attorney, health care proxy and living will are all things that should be taken into consideration as part of your estate plan. And are estate taxes really a concern, and if so, what can you do to limit them? You may also want to consider charitable giving now as well as at death. And how about implementing gifting strategies now so you can see the kids and grandkids enjoy those extra funds.
Active Financial Solutions nor LPL Financial offer legal advice.