Estate planning can protect our hard-earned assets. While insurance can protect against some losses, it cannot protect it from a nursing home spend-down, a child’s divorce, or a disabled child’s loss of government benefits. The list could go on.
May your legacy also include the thoughtfulness you put into your planning. Protecting your assets now will increase the amount you leave for loved ones later, and provide instructions for how they shall benefit – and not their creditors and predators.