Leave your legacy – a meaningful way to give back

• During retirement, you can make meaningful impact by giving back to family and friends, a cultural or religious institution, a philanthropic cause or those in need.  
• Legacy planning includes creating an estate plan, setting up trusts or financial provisions, supporting causes through donations or volunteering. 
• Retirement is more than the culmination of years of hard work—it’s a new chapter filled with opportunities to reflect reconnect and make an impact.

Sharing with family

Your legacy starts at home, with the people who matter most. Passing down assets to loved ones is a meaningful way to provide for their future, but it can be even more impactful when paired with advice and guidance that helps them understand the value of your gift.

• Educating the next generation: if you’re gifting financial assets to your children or grandchildren, consider explaining how the account is structured or invested. Introduce them to your financial professional to help them better understand wealth management and how to make the most of their inheritance. This can be an invaluable way to prepare them for their financial future.
• Sharing your passions: legacy isn’t just about money—it’s about values, experiences and traditions. Introduce younger members of your family to causes or cultural institutions that are meaningful to you. Whether it’s attending a performance at the opera or volunteering together for a charity, these shared experiences can inspire them to carry your passions and priorities forward.

Giving back

Supporting your community or a cause you care about is a powerful way to leave a lasting impact. Philanthropy can take many forms, from financial contributions to hands-on involvement.

• Personal contributions: whether through donations or fundraising efforts, your support can make a significant difference. Share with your family why the cause matters to you and how they might get involved. You may inspire them to follow your lead—or find a cause that resonates with them.
• Volunteering your time: many organizations value not just financial support but also the expertise and energy of their volunteers. By dedicating your time, you can make an immediate impact and build connections that strengthen your legacy.

Sponsoring a scholarship

Establishing a scholarship is a deeply personal way to invest in the next generation while honoring your values. Whether you create one at your alma mater or another institution, you can tailor it to reflect your passions—academic achievement, artistic talent, athletic excellence or another area close to your heart.

Beyond financial assistance, scholarships allow you to connect with students and stay engaged with an institution that’s meaningful to you. It’s a way to ensure your legacy lives on through education and opportunity.

Planning your estate

While leaving a legacy during your lifetime can bring immense joy, estate planning provides another opportunity to ensure your values and priorities are carried forward.

• Financial provisions: through your will or trust, you can designate funds for loved ones, charitable organizations or causes that matter to you. This allows you to continue supporting them even after you’re gone.
• Passing down heirlooms: family heirlooms or items of historical or artistic significance can also play a role in your legacy. Whether you’re gifting them to loved ones or donating them to a museum, these treasures can carry forward your story and values.

Your legacy, your impact

Leaving a legacy is a gift that benefits everyone. For your loved ones and the causes you support, it’s a way to provide for the future. For you, it’s an opportunity to reflect on your journey, share your values and feel fulfilled by the impact you’ve made.

At Equitable Advisors, we’re here to help you navigate this meaningful chapter. With personalized advice and strategies, we’ll work with you to ensure your legacy reflects what matters most to you—your family, your passions and the values you hold dear.