Legacy - How and Why do we do it?

Aug 25, 2023

As a follow up to my longer discussion on Legacy a few months ago, I share some insights from a recent conversation with my attorney Andrew Howell on what is most important and big picture techniques to protect the people and resources most important in your life.

 

Episode Highlights

• The difficulty of guiding clients through a full estate planning process without professional advice.
• The importance of taking simple, inexpensive actions for estate planning and asset protection.
• Explanation of asset protection and its three purposes.
• The risk in operating businesses and the need for a legal box around it.
• The outside threat in asset protection and how to mitigate it.
• Explanation of estate planning and its two forms: revocable living trust and irrevocable trust.
• Irrevocable trusts and the care needed while setting it up.
• The importance of legacy and how it extends beyond the individual to their family's values and ideals. 

 

Links and Resources from this Episode

• https://www.yorkhowell.com/contact-us/
• Connect with Gary Pinkerton
• https://www.paradigmlife.net/
• [e-mail]
• https://garypinkerton.com/  

 

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