Planning for Your Legacy
When you started your relationship with your Baird Financial Advisor, you were likely hoping to get some answers to questions that were relevant to what was going on in your life at that moment. Perhaps you were curious about the best strategy for paying off your student loans, or wondering whether your portfolio was diversified enough to weather the markets.
And while those questions remain important, you also experience changes that spark new shifts and focuses in your life: Maybe your kids start their own families, or you transition in the next generation of leadership within your business. No matter the changes, you’ve been meeting with your Baird Financial Advisor all along, reviewing your plan to achieving your goals.
At some point, you may take a step back and realize: The wealth and legacy you’ve created are going to live on for generations. Now, the bigger picture starts to come into play. Maybe you’re wondering,
Will my family be financially taken care of when I’m gone?
Do my kids know and embrace the values of our family?
Even if you haven’t dwelled on these questions, don’t fret – because we have. Solving for the existential questions of your legacy isn't a task we will let you do alone.
The related articles below are a starting point for you to reflect on your legacy – preparing your heirs for an inheritance, caring for an elderly parent and more. Use them to outline a conversation with your Financial Advisor – so that we can ensure your wealth is protected for generations to come.
Access More Legacy Resources
Getting married? Entering retirement? Moving? Read on for a list of life events that may warrant an update to your estate plan.
While challenging, discussions around inheriting wealth are important. Here are six strategies to foster open communication.
What to consider as you take on the care of an elderly parent – and how you can prepare your kids to do the same someday.
With updated regulations around inherited IRAs, IRA owners and beneficiaries have some decisions to make.