What Are Some of the Things My Estate Plan Should Provide for After My Death?

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The goals that we hear most often from clients for “after I’m gone” include:

  • I want to give what I have to the people I care about, with timing and protections that will benefit them the most.
  • I want those in charge of my affairs to be the people I pick, based on trust and my belief that they are best able to act for the benefit of everyone involved.
  • I want to minimize the expenses of identifying, determining the value of, and transferring what I own.
  • I want to make sure my family has the most flexibility in dealing with my debts.
  • I want to avoid taxes as much as possible.
  • I want everything finished as quickly as possible.
  • I want my family to continue to rely upon my trusted advisors.
  • I want to keep information about me, my assets, and my plans (such as “who gets what”) private.
  • I want to know that the cost of administration is not “open-ended” but instead is controlled and limited.
  • I want my loved ones to know what to expect. I want them to be brought together through my planning, not driven apart.
  • I want my wisdom to be passed along with my wealth.