Women are in a unique and special position as they increasingly serve as the main guardian and creator of their family’s legacy. A family legacy goes beyond estate planning and the transfer of wealth to include the beliefs, actions, and guidance demonstrated in your life that carry forward to future generations. A family legacy seeks to answer the question “To what end is this all for?” Upon reflection of that question, most women recognize that the passing down of core values is just as important as the transfer of money. And as master jugglers – leading point on everything from their family members’ social and emotional needs, to covering the basics of supplying a household – women know their family through and through. This puts them in a unique position to create their family legacy.

In the spirit of the Independence Day holiday, what a better time to revisit or begin formulating goals and exploring planning opportunities to help maintain personal independence as we age.  The two-edged sword of modern medical advancement and enhanced longevity is the growing need for some degree of personal care later in life. To many, the ability to maintain financial independence while covering large personal care expenses is not only essential to their financial well-being, but also can provide an important personal sense of certainty, confidence, and dignity.  Many wish to continue to live in their own home and not potentially be forced to move in with their children or to a care facility.  While wealth accumulation and prudent financial planning is essential, in certain situations long-term care insurance (LTC insurance) can also play an important role in meeting personal independence objectives.

Imparting tools, wisdom, and values to future generations while not encumbering or constraining their ideas is a challenge many face. There is no one-size-fits-all solution, but we hope to equip you with some tools to help you on your journey of continuing your family legacy.