Legacy Planning vs. Estate Planning: What’s the Difference—and Which Do You Need?
You’ve worked hard, saved faithfully, and want your resources to reflect your values. Two terms often surface in that conversation—estate planning and legacy planning. They are related, but not the same: Estate planning makes sure your assets are managed and distributed according to your wishes, in a legally sound and tax‑efficient manner. Think documents, directives, and distribution. Legacy planning focuses…