Estate Planning Checklist: 13 Smart Moves

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However, this vital move isn’t just about passing down wealth—it’s about protecting your loved ones from confusion, costly mistakes, and unnecessary taxes during one of the most difficult times of their lives.

Don’t Delay: Whether you have modest assets or significant wealth, the steps highlighted in this article can help you ensure all bases are covered. Key takeaways include:

📌 The Estate Tax Exemption is Set to Drop Significantly in 2026: More families may soon face a hefty estate tax bill unless they plan ahead

📌 Smart Gifting Strategies Can be Leveraged: Using the annual exclusion or funding a 529 plan can shift wealth to heirs tax-efficiently

📌 Trusts Can Do More Than Avoid Probate: They can protect assets from creditors, safeguard loved ones with disabilities, and provide support to spouses even after you're gone

📌 Clean Up Your Financial Footprint: Consolidate accounts and keep clear records to make life easier for your heirs

Keep in Mind: Your legacy isn’t just about what you leave behind—it’s how you prepare to leave it. As your life evolves, so should your estate plan.