Importance of Estate Planning

Importance of Estate Planning

Asset protection and estate planning work together to preserve assets for future generations. Having a comprehensive plan in place will help you feel more confident about the future and achieve a variety of objectives, including:

  • Providing support and financial stability for your family
  • Supporting a favorite charity or other worthy cause
  • Ensuring all of your assets, including those that pass by beneficiary designation (e.g., retirement accounts and life insurance policies), will be distributed according to your wishes.
  • Minimizing taxes and expenses.
  • Ensuring that individuals you choose can make decisions on your behalf in the event of your incapacity.

Liberty Street Advisory Group refers to the separate entities, Liberty Street Law, Liberty Street Capital and Trust & Estate Stewards. None of these entities or persons furnish actuarial, accounting or comprehensive tax advice. Liberty Street Law is a law firm, and does not provide investment management, or any financially-related services. Liberty Street Capital, is a limited liability company registered as an investment advisor in Georgia and other locations. Trust & Estate Stewards is a limited liability company. Past results are not a guarantee of future performance.