Today is the day after Christmas, 2009. I’m gearing up to try to write something interesting, regularly, about my estate-planning law practice.
As to the above topic, my friends, acquaintances (and clients) sometimes think that estate planning and financial planning are the same thing. They’re not. Here’s a short distinction.
Estate planning is your will or trust (or other entities designed to protect assets from various perils). An attorney usually handles your “estate planning”.
Financial planning deals with selecting investments to accomplish your financial goals. A financial advisor, stock broker, or financial planning helps with your “financial planning.”
- 6 Important Estate Planning Considerations – Part 4: Beneficiary Designations - June 1, 2018
- Retirement: It’s not Just About the Money - May 1, 2018
- Estate-Tax “Portability” — Oasis or Mirage for Larger Estates? - March 19, 2015