This document provides an introduction to legacy and estate planning. It defines legacy planning as planning for the transfer of assets and values between generations. Estate planning is defined as planning for the management and transfer of one's estate during their lifetime and after death. The document includes a checklist of common elements of legacy and estate planning, such as writing a will, assigning heirs and beneficiaries, establishing trusts, and considering long-term care needs and charitable giving. It aims to educate people on the basics of estate planning and its importance.

1. Legacy & Estate Planning Basics
An Introduction & How-to-do-it Series
O’Rourke Law Firm, LLC, Denver, CO 80206

2. What is Legacy Planning?
What is Estate Planning?
Legacy & Estate Planning Checklist
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PREPARED BY
O'ROURKE LAW FIRM, LLC
BUSINESS, TAX, AND ESTATE PLANNING
PO BOX 13516
DENVER, COLORADO 80201
(308) 530-0292

3. Legacy & Estate Planning
Unless you would like to “donate” your estate to
Uncle Sam, it’s time to join the 30% who do. Though
writing a will may not be fun to think about, a little
foresight now can save your heirs and loved ones
enormous hassles down the road.
Learn to:
• Understand the basics of wills, trusts, probate, charitable giving, and more
• Set up power of attorney, a living will, and long-term care arrangements
• Minimize the impact of estate and inheritance taxes on your heirs
70% of Americans do not have a will.

4. What is Legacy Planning?

5. What is Estate Planning?

6. Business Succession
Planning
Estate
Planning
• Will
• Legacy
Long Term Care
Assignment of
Guardians
Planning
Directives
Gifts
Trusts
Life Insurance
Estates 101

7. Successful Successions
• Seventy Percent (70%) of all
estate plans fail.
Including beneficiaries in the long-term strategic
planning creates a cooperative environment
where everyone “buys-in” instead of
being dictated a course.
A Good Family Mission
Statement helps too.
The Axis Legacy
Pyramid TM

8. Who Needs
To Plan
Almost Everyone
•Married Couples
•Parents
•Divorced Couples
•Professionals
•Business Owners
Almost Everyone
•Real Estate Investors
•Inventors
•Painters, Writers,
Performers
•Pro Athletes
•Future Millionaires

9. Non-Tax Reasons to Prepare a Plan

10. CommittedEthical O’Rourke Law
Firm Your Estate
Planning Guide
Trusted
Professional
How to Choose the Best Estate Planning Attorney
for You and Your Family

11. 3. Write a Will
1. Lists your Assets
4. Write Planning Directives
2. Assign heirs & beneficiaries
5. Learn about Probate
6. Consider Establishing Trusts
7. Look into Life Insurance
8. Consider Long-Term Care Needs
9. Consider charitable giving & family gifting
10. Plan the future of your business
CHECKLIST
LEGACY & ESTATE
PLANNING

12. Establishing Ties
To Empower
Client Options
in Life Insurance
And Legacy &
Estate Planning
Enabling CFPs
to Distinguish
Themselves from
Other Financial
Advisors.
Helping Accountants
Build Stronger
Relationships and
Offer more Compete
Services.
Assisting Attorneys
whose core
specialty is not
estate planning.
Attorneys CPAs CFPs CLUs
Legacy & Estate Planning Support for Advisors

13. www.YourDailyCounsel.com
Adam O’Rourke counsels families, individuals and entities on the principles of generational legacy and wealth transfer as the Lead Attorney of the O’Rourke Law Firm,
LLC, and through its affiliate companies of O’Rourke Business & Legal Solutions, an elite wealth management company with a unique planning philosophy of promoting
"Healthy & Sustained Family Wealth" with its office at 155 Madison Street #200, Denver, CO 80206 (Cherry Creek North).
EMAIL:
adamorourke1@OBLS.biz