3. What Is the Difference Between Estate Planning and Legacy Planning?

Estate planning is properly structuring your assets and accounts so that your wishes are implemented after you pass away. Estate planning is a given, but legacy planning is a more significant and complex issue.

Legacy planning is about values and principles.

• It’s about the big picture.
• It’s about acting on your passion and purpose
• It’s about what you want to be remembered for.

Legacy planning involves passing on your values and principles to future generations.

Some families don’t care about leaving a legacy. Others lose sleep over it.