Are You Following Your Estate Plan?

Jan 28, 2022 | Anita's Blog | 0 comments

An estate plan is like a map to the way your life’s work should be honored. It is meant to be followed. But in order for others to follow it, you must first.

Your estate plan should be a carefully thought out plan designed to distribute your assets efficiently and effectively with your legacy in mind. The best way to do this is by following the steps your own plan takes and making sure every title and designation is how you want them. By neglecting to review your asset titling and beneficiaries’ designations, you could throw your estate off course.

The tax planning and asset protection features of your estate plan only work when your asset titling and beneficiary designations are aligned with your plan. If an asset passes directly to an individual beneficiary without passing through your Living Trust, you may not reap the benefits of all the work and thought you put into your estate plan.

If you would like to know whether your asset titling and beneficiary designations are aligned with your estate plan, contact us to schedule an asset alignment consultation.