If you own anything, you have an estate. Your estate consists of everything you own; your car, home, real estate, bank accounts, investments, life insurance and personal possessions.

An estate plan can help allow you to control how your assets are given to the people or organizations you care most about after your passing. To help assist your wishes are carried out, you should work with your tax or legal professional to provide written instructions stating whom you want to receive something of yours, what you want them to receive and when they are to receive it. You will want this to happen with the least amount paid in taxes, legal fees, and court costs.

We* do not provide tax or legal advice, but can work with your tax or legal professional to help determine that your tax or legal situations work synergistically with the financial aspects of your life.

*LPL does not provide tax or legal advice.