What is Posterity Planning?
Learn How Our McKinney Estate Planning Lawyers Can Help
Posterity planning is a method of estate planning where an individual focuses
on creating opportunities for his or her family, friends, or loved ones.
In contrast, most estate planning attorneys’ primary concern in
planning for an individual’s estate is the transfer of assets. Transferring
assets is important; however, it should not be the primary focus in posterity planning.
For more information, call us
in McKinney at (214) 499-9647, in Plano at (972) 848-3357, or in Frisco
at (469) 447-7757.
The most sophisticated people in the world plan for opportunities for those
who they love. We all have goals in our lives. Most of those goals revolve
around our needs of certainty, love, connection, variety, and significance.
Many times people believe that money fulfills these needs. After time
we all learn that money does not provide for these needs; however, money
can be used to provide proper experiences and tools to help an individual
find these needs in his or her personal life.
Posterity planning is planning to create opportunity to provide these needs
to your loved ones. This can include:
- Helping a person find significance, variety, connection
- Ensuring the certainty in his or her future
- Helping to fund a plan for high education in order to get ahead in life
A trust can be created to help focus your loved one’s attention to
seek a proper education and help ensure that they take the steps to make
the best of their life.
Speak to Our McKinney Lawyers to Learn More
Please take the time to come in for a
free consultation to speak with a licensed professional on how to draft a proper estate plan.
You can also
contact us online, for your convenience. Learn how we may be able to help you and your family today.