Please enter your eBank username.Please enter your eBank username.

 

Please enter your eBank username.Please enter your eBank username.

Objectives of Estate Planning Estate Plan

In order to help understand the concept of estate planning, we must focus on its objectives...

  • to develop a plan detailing one’s wishes as to the use and distribution of his wealth
  • to secure the maximum value of that wealth by avoiding state and federal taxes
  • to prepare for future illnesses, disability or retirement;
  • to transfer property to intended, rather than unintended, beneficiaries both before and after death
  • to reduce probate costs and administrative expenses;
  • to provide the estate with enough cash and other liquid assets to pay debts, taxes and other expenses
  • to provide for the guardianship of minor children upon death or incapacity
  • to provide someone who will manage his or her assets upon death or incapacity
  • to provide an individual who can make decisions on his or her behalf, including legal and medical ones, if he cannot do so himself

Visit Legacy Trust Online https://ascaccess.net/AccuNet/Legacy By selecting this link, you will be leaving LegacyBank.com. We are not responsible for the security and privacy associated with third-party websites.

Trust Accounts are not covered by FDIC insurance.