Mullen and Iannarone, P.C.
Serving the legal needs of corporations, individuals and
families of Suffolk County since 1972

November 2017 Archives

What people get wrong about legacy planning

New York residents may have heard the term legacy planning used interchangeably with estate planning. While similar, a legacy plan is more about taking steps to craft a reputation as opposed to merely transferring assets. It is generally seen as being proactive about establishing an estate plan as opposed to being reactive. One misconception about legacy planning is that it is egotistical to create one.