For some people, philanthropy is part of their everyday life. If you are one of those people, you may also wish to continue your charitable gifting after you are gone. With that in mind, a Hartford estate planning attorney at Nirenstein, Horowitz & Associates, P.C. explains how you can incorporate charitable gifting into your estate plan. Making Charity Part of Your Legacy If philanthropy is part of your deeply held belief system, why not make it part of the legacy you hand down to your … [Read more...] about Charitable Gifting – How to Include It in Your Estate Plan
Most people are familiar with the concept of estate planning; however, “legacy planning” may be a concept that is new to you. Legacy planning allows you to do more than just pass down your material wealth. It allows you to pass down the intangible characteristics that make you who you are. To help you better understand the concept, the Westport legacy planning attorneys at Nirenstein, Horowitz & Associates, P.C. explain the difference between legacy planning and estate planning. Estate … [Read more...] about What Is the Difference between Estate Planning and Legacy Planning?
Legacy planning is important if you want to have control over how you are remembered and control over what happens to the wealth that you have worked so hard to acquire. The legacy planning process can be complicated, but you should get proper legal help as you make decisions about what to do with your assets. One of the things that many people decide to do is to make a gift to provide support to a charity. If you hope to make a meaningful contribution to a charitable organization, you should … [Read more...] about Legacy Planning: Options for Charitable Gifts
The process of estate planning can be looked at as a bare bones, basic necessity, or you could take things a step further. If you discuss things with an estate planning attorney, you will learn about the process of legacy planning. This is a conscious, proactive effort to make a lasting impact after you are gone. If you schedule a consultation with our firm, you can get a detailed explanation, but we will provide an overview in this blog post. Estate Tax Efficiency High net worth … [Read more...] about Discuss Legacy Planning With Your Estate Planning Attorney
It can seem like the estate planning process is all about monetary matters, but a more comprehensive plan can take things a step further. There are people who engage in the process of legacy planning. When you take certain steps with your legacy in focus, you can address matters of the heart, mind, and soul. Let's look at some of the details. Consider an Ethical Will Everyone has heard of the commonly used estate planning document called a last will or last will and testament. This is not the … [Read more...] about Legacy Planning: It’s Not All About the Money
Legacy planning is a more complete form of estate planning. Your legacy is the way that you will be remembered, and you can be proactive about influencing these memories. Topics covered in this report include: Ethical Will Family Heirlooms Charitable Giving Family History Click here to read the whole article or download the PDF. … [Read more...] about Free Report: What is Connecticut Legacy Planning?
When you are looking ahead toward the future you may start to think about your legacy. Indeed, there are a number of ways that you can proactively endeavor to have an influence even after you are gone. Charitable Giving One of the steps that you can take to preserve your legacy would be to set aside resources for the benefit of charitable causes. You probably have seen hospital wings, libraries and sections of libraries, university buildings, and even little league fields that are named after … [Read more...] about What Steps Can I Take to Preserve My Legacy?