Legacy Planning and the Elephant in the Room

Overview

Many estate plans can be too boilerplate and do little more than establish what happens with physical assets upon death. They overlook personal sentiments and expressions that could prove to be a source of comfort to a family in moments of grief. When addressing the elephant in the room—the scope of care and ceremony desired to commemorate a unique life at its end—there is an opportunity to make well-defined arrangements that are equally a gift to pass on and prove to be indispensable in safeguarding a family at the loss of their loved-one.

Advisor Thinking