What Is A Legacy Plan. Whether it is setting your children up. Legacy planning is the act of preparing how you will bequeath your property and assets to your loved ones after your death.
However, they cannot easily be replaced. It’s more or less a synonym of estate planning, but the term has gained popularity among financial advisors in recent years. It results in a significant benefit for others after their death, such as a charitable donation or plans to create an organization whose meaning will live on beyond them.
