Estate planning involves planning around family relationships. You need to take action now to lessen the finanical and emotional burden incapacity or death will bring. Estate planning encompasses more than just planning to minimize estate and gift taxes. It should provide for the efficient use of your assets during your lifetime, the disposition of your assets after death, and the minimization of taxes and costs associated with transferring your assets to your heirs.
Estate planning is not just for the very old or the very wealthy. Talk to a financial/life insurance professional today about how Pacific Life’s products can help you leave a lasting legacy.
Please Note: Neither Pacific Life nor its representatives offer legal or tax advice or estate planning services.