Legacy planning means different things for different people. For some people it might be as simple as ensuring their affairs are as easy as possible for their family to deal with.
For others it might mean ensuring a certain amount of money is available to their family after their death or even making certain charitable or community-based legacies. You might think that legacy planning is only needed by those who have assets above the current inheritance tax nil rate band (£325,000 to £500,000, depending on circumstances) but this is certainly not the case.