Abraham Lizardo

Start by documenting legacy goals and the values you want passed down.
Use guiding questions: principles, ambitions, remembrance, family values, special circumstances.
Create a comprehensive plan covering investments, retirement, savings, taxes, estate planning.
Treat the plan as a blueprint linking today’s finances to long-term legacy goals.
Add risk protection so lawsuits, accidents, injuries, disasters don’t erase assets.
Discuss wishes with family, and prioritize time together for an emotional legacy.

Build a Lasting Financial Legacy

Part D costs vary by plan, medications, and total yearly spending.
Past 2025 update eliminated coverage gap, simplifying Part D structure for beneficiaries.
Deductible phase: beneficiaries pay 100% until deductible met; max $615 in 2026.
Initial coverage: beneficiaries 25%; plan 65%; manufacturer 10%; out-of-pocket cap $2K.
Catastrophic phase: beneficiaries pay $0; plan 60%; manufacturer 20%; Medicare 20%.