"How can you leave the legacy you desire?" By John Dickerson & Hawes Dickerson Financial Advisors Edward Jones

   It’s probably not on many calendars, but August is “What Will Be Your Legacy Month.”
   So it’s a good time to think about the type of legacy you’d like to leave.
   On a practical level, establishing your legacy means providing your family and the charitable organizations you support with the resources you’d like them to have.
   So, you’ll want to work with your legal professional to create the appropriate documents, such as a will, living trust, power of attorney and so on.
   You’ll also want to communicate your plans to your loved ones.
   You don’t want anyone to be unpleasantly surprised when it’s time to settle your estate.
   And don’t forget to review your plans as your life changes.
   For example, if you’ve remarried, you may want to change the beneficiary designations on your IRA, 401(k) and other retirement accounts – if left untouched, these designations may even supersede the instructions left in your will.
   With careful planning, and by making the right moves, you can create the type of legacy you desire – one that can benefit your loved ones far into the future.
   This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. 

 

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