Perhaps you’ve heard or used the adage “can’t see the forest for the trees”. Many Idaho outdoor enthusiasts have found themselves so thick in the pines they were unable to easily find their way. Unable to see the forest for the trees is a good object lesson when planning your estate. In other words, don’t get so caught up in the details that you miss the big picture.
You can get mired in the tax laws, the tricks and the tools, and even some petty family squabbling. At Idaho Estate Planning we have always talked about leaving a legacy, passing on your values as well as your valuables.
An estate is just so much stuff, figuratively or literally. However, a legacy is so much more. In fact your legacy says more about who you are than your possessions ever will. Whether a beloved memory, a philosophy, a faith or even a contribution to those around you. Usually, we seek to leave behind an estate for the good of our family, and we work to protect this gift from what problems may lie in wait.
If leaving a legacy is of interest you may enjoy reading a recent article in Forbes titled “4 Smart Ways To Leave A Legacy”.
We've said it before, proper planning starts with a thorough understanding of your needs, goals, dreams and aspirations. It takes into account your Values not just your Valuables. It starts with a thorough understanding of your family – those who you care about and who will someday receive the benefits of your success – and your family's dynamics. Let's work together to implement an estate plan that works for you. Remember, good planning is no accident.