Organizing Your Affairs to Support and Safeguard Your Family

In this episode of Financially Ever After Widowhood, Stacy Francis welcomes Sarah Constantine, an accomplished estate planning attorney renowned for helping ultra high net worth individuals presere and transfer their legacies. Sarah’s commitment goes beyond the technical aspects of the law; it stems from a genuine belief in service and a desire to make a tangible difference in the lives of her clients. She and Stacy discuss the human side of estate planning, emphasizing the importance of organizing your affairs to support and safeguard your family.

A comprehensive plan to manage your assets starts with foundational estate planning documents. These documents include wills, revocable trusts, powers of attorney, and healthcare proxies.

Estate planning should be flexible to adapt to changes in tax laws and personal circumstances. Regular reviews and updates ensure that your plan remains effective and aligned with your goals.

Specialized trusts offer tailored solutions for individuals seeking to achieve specific financial, philanthropic, or legacy goals within their estate plans. For example, Charitable Lead Annuity Trust (CLAT) allows individuals to contribute to charitable causes during their lifetime while eventually passing assets to heirs. It can be a powerful tool for both philanthropy and tax planning.

Non-U.S. citizens may be subject to different rules and tax implications than U.S. citizens. Additionally, non-U.S. persons who own assets in the U.S. may be subject to specific rules and taxes. It is important to plan properly to ensure compliance with all applicable laws and regulations.

Resources
Sarah Constantine on LinkedIn | Arnold & Porter
Email: [email protected]
Phone: 212-836-8066

Stacy Francis on LinkedIn | X(Twitter)
Email: [email protected]
FrancisFinancial.com

Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

In this episode of Financially Ever After Widowhood, Stacy Francis welcomes Sarah Constantine, an accomplished estate planning attorney renowned for helping ultra high net worth individuals presere and transfer their legacies. Sarah’s commitment goes beyond the technical aspects of the law; it stems from a genuine belief in service and a desire to make a tangible difference in the lives of her clients. She and Stacy discuss the human side of estate planning, emphasizing the importance of organizing your affairs to support and safeguard your family.

A comprehensive plan to manage your assets starts with foundational estate planning documents. These documents include wills, revocable trusts, powers of attorney, and healthcare proxies.
Estate planning should be flexible to adapt to changes in tax laws and personal circumstances. Regular reviews and updates ensure that your plan remains effective and aligned with your goals.
Specialized trusts offer tailored solutions for individuals seeking to achieve specific financial, philanthropic, or legacy goals within their estate plans. For example, Charitable Lead Annuity Trust (CLAT) allows individuals to contribute to charitable causes during their lifetime while eventually passing assets to heirs. It can be a powerful tool for both philanthropy and tax planning.
Non-U.S. citizens may be subject to different rules and tax implications than U.S. citizens. Additionally, non-U.S. persons who own assets in the U.S. may be subject to specific rules and taxes. It is important to plan properly to ensure compliance with all applicable laws and regulations.

Resources

Sarah Constantine on LinkedIn | Arnold & Porter

Email: [email protected]

Phone: 212-836-8066

Stacy Francis on LinkedIn | X(Twitter)

Email: [email protected]

FrancisFinancial.com

Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!