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Corliss Law Group

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Estate planning is slowly becoming a very common activity among the elderly and even among the middle-aged. The wisdom of undertaking one cannot be questioned as it involves not merely tangible things but also precious intangible things or possessions, such as oneâs family heritage, relationships and even priceless personal memories and experiences.Those who may not be rich in material things may be so in terms of age-old values and practices. Tribal medicinal practices may be seen as mere quackery to many of us; but for those who have used them for centuries and still believe and depend on their effectiveness, their value to the family and future generations is measureless. Yet, in todayâs eclectic environment, even such obscure practices can bring great financial gain for these ethnic groups who can readily adapt to modern ways. The popularity of wellness programs based of ancient Chinese and other ethnic medicinal sustains this fact.We all want to leave behind a meaningful and stable legacy to our children and to society that will provide lasting and valuable inspiration and foundation for future generations. Obviously, such a noble pursuit can best be achieved if one has the financial base to support and sustain it. Most people do it through a foundation or a non-government organization or even a profit-oriented enterprise involved in social work and other commendable pursuits.For many, however, who do not have the capital to make oneâs name or legacy be remembered beyond oneâs family circle, basic Estate Planning is a must. Estate Planning, after all, is essentially the investment of oneâs assets in certain viable projects to support oneâs financial needs of oneâs heirs or in the event of disability. Corliss defines it as âthe process of anticipating and arranging for the disposal of an estate during your life.â Or, as Wikipedia defines it, âEstate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Guardians are often designated for minor children and beneficiaries in incapacity.âEstate Planning, as Corliss Group explains it through its website, involves three basic steps: Retirement planning, tax and health-care evaluation. From there, the company can determine the financial and health needs of their clients.One laudable feature of Corliss Groupâs services is the provision of free consultancy service to people with limited resources. So, take heart reader because even if you do not consider yourself wealthy, this socially-sensitive company aims to give back to the community through helping you plan for your retirement years.Now that is really good news in todayâs financially-challenging times.

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