Estate Planning: Gift Planning Check-Up

Estate planning is a critical part of financial planning and is necessary for anyone who wants to ensure that their assets are distributed according to their wishes after death. However, it is not enough to create an estate plan and forget about it. Regular check-ups are necessary to ensure that your plan aligns with your current wishes and financial situation. One of the essential parts of estate planning is gift planning. This involves identifying the assets you want to give away during your lifetime or after your death and determining how and when you want to transfer them.