Financially successful people often focus on growing their wealth and legacy, using complex and diversified assets to do so. Ideally, the result is an estate that can provide for future generations. At death, they often leave a mix of illiquid and liquid investments, real estate, a multitude of accounts and digital clutter that the heirs have to untangle.
People in their retirement years should consider streamlining their assets. A simplified estate strategy will expedite the division and settlement of the estate, minimize audit risk and reduce costs.
