Estate planning may not be at the top of anyone’s list of fun family activities. However, it can be an opportune time to discuss what’s best for the shared family home.
A key goal for many people is to leave enough for loved ones to handle future expenses. If prices rise sharply, the same amount of money will buy less of what your heirs need.
A new survey from Bryn Mawr Trust found that Americans estimate an average value of $191,516 in digital assets; yet, 76% of them still have little to scant knowledge of digital estate planning.
Yet, as life unfolds, having a well-structured estate plan becomes crucial – it can serve as a roadmap for your loved ones, ensuring that your wishes are honored and your family is cared for.
True wealth management is about more than investments—it’s about protecting your legacy. Estate planning may not seem exciting. However, ignoring it can have serious consequences.