August is “What Is Your Legacy?” month….a time for people to examine both the past and present and commit to making positive changes that will affect future generations. But what is a legacy?

At R.H.Morris Insurance and Financial Services, we believe a legacy is not something you leave behind but what you pass along…..your footprint on the world….including your valuables and your values…those intangibles that serve as a true measure of a life well lived.  The beneficiaries of your legacy are not just children and family but also the charities you support, and all the people whose lives you touch. So how will you be remembered?

Planning is the key to building your legacy and ensuring that your causes, interests and obligations are fulfilled. An effective plan should address not only your financial legacy but also your social and personal legacy as follows:

Financial legacy:  Your financial legacy includes valuables and wealth that will be transferred to your loved ones. An effective plan will consider your retirement goals and an estate transfer strategy and may utilize a number of savings tools including life insurance, annuities, IRA’s, employer sponsored retirement programs, as well as wills and trusts to ensure that your financial goals are met and that your loved ones will be provided for after you’re gone.

Social Legacy: Your social legacy includes the financial as well as the non financial impact you have on the world around you and an effective plan should identify how your social contributions will continue in your absence. For example, continued financial support of your favorite charities or church, establishment of a scholarship or endowment, ongoing publication of books that you’ve written, or maintenance and improvement of inventions that you’ve created.

Personal Legacy: Your personal legacy will include your principals, ideals, history, traditions, beliefs, wishes, as well as wisdom gained from life lessons and shaped by the memories and friendships collected along the way. An effective plan should identify how these personal attributes will impact the beneficiaries of your legacy and the most effective way to impart these attributes so that your loved ones may carry them forward.

So, what will your legacy be? Rather than spend another minute wondering, get started on your planning today….what better time to begin building your legacy than during “What Is Your Legacy?” month!

 


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Roger H Morris, CLU®, ChFC® is an agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of AZ, CA (CA Insurance License No.0594623), MT, NV & TX. No insurance business may be conducted outside these states referenced.

Roger H Morris, CLU®, ChFC®, ia a member agent of the Nautilus Group, a service of New York Life Insurance Company.

Roger H Morris, CLU®, ChFC® is a Registered Representative of and offers securities products & services through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the state of CA. No offers may be made or accepted from any resident outside the specific state referenced.

Roger H Morris, CLU®, ChFC® is also separately registered as an investment adviser representative ("IAR"), under Eagle Strategies LLC, a Registered Investment Adviser, offering advisory services in the state of CA. As such, these services are strictly intended for individuals residing in CA.

Jasmita "Jessie" Patel, LUTCF is an agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of AZ, CA (CA Insurance License No.0F29979), TX & UT. No insurance business may be conducted outside these states referenced.

Jasmita "Jessie" Patel, LUTCF is a Registered Representative of and offers securities products & services through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the states of AZ and CA. No offers may be made or accepted from any resident outside the specific states referenced.

Jasmita "Jessie" Patel, LUTCF is also separately registered as an investment adviser representative ("IAR"), under Eagle Strategies LLC, a Registered Investment Adviser, offering advisory services in the state of CA. As such, these services are strictly intended for individuals residing in CA.

Scott Schultz is a Registered Representative of and offers securities products & services through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the state of CA. No offers may be made or accepted from any resident outside the specific states referenced.

Scott Schultz is an agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the state of CA (CA Insurance License No.0G83708), No insurance business may be conducted outside these states referenced.

R H Morris Insurance & Financial Services is not owned or operated by NYLIFE Securities LLC or its affiliates.

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August 23, 2017 @ 01:13 PM

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