Legacy Planning
Legacy planning is the preparation of how you will distribute your property and assets to your loved ones before or after your passing.
By legacy planning you are taking control and creating the legacy you leave behind, not leaving it up to the court system to decide how your assets and property will be distributed upon your passing.
Legacy planning can help to mitigate tax issues. Are you aware in 2024 you can give up to $18,000 to anyone without having to report this gift to the IRS?
We work with you and your legal representative to put all the proper documents in place so after your passing, the distribution of your asset and property are done according to your wishes. Some of the mechanisms which can be used in legacy planning are wills, trusts, and 529’s, but there are many more.
Source: irs.gov
Contact
info@beefinancialpartners.net
832-698-2010
9950 Cypresswood Drive,
Suite 200, Houston, TX 77070
Investment advisory services are offered through Bee Financial Partners Wealth, a Registered Investment Advisor. Investments through Bee Financial Partners Wealth are not FDIC insured, not bank guaranteed, may lose value, including loss of principal, not insured by any state or federal agency.