Estate and legacy planning involve a variety of actions:
• Determining how much of your wealth you want to pass down during your lifetime.
• Deciding the most appropriate ways to transfer your wealth.
• Considering how family circumstances may impact the distribution of wealth.
• Learning how insurance can be used to provide a tax-free lump sum for family members or a favourite charity.
• Drafting or reviewing and updating your will.
• Discussing tax-efficient strategies that can be used to transfer your wealth.