The most important thing anyone can do for their family is have a will and an estate plan in place. Estate planning consists of creating a will, trust, financial power of attorney, healthcare power of attorney and advance directives (living will). Without these documents, you have no control over the distribution of your assets, who will be in charge of ensuring your wishes are fulfilled, or who will care for your children and safeguard their inheritance. Without a proper plan in place, you are putting your children, your family and your hard earned legacy at risk. We can help you create a plan that will help you plan for the inevitable–death and disability. Most people avoid completing their estate planning documents because attorneys seem intimidating and the process seems overwhelming. At our firm, it is important for us to ensure you understand what your estate plan means and how it works and help you craft it based on your goals for your family. An estate plan for the majority of us will comprise of:
Only those of us who can claim to be invincible and immortal can afford not to have these documents in place. An estate plan is even more important when there may come a time when an individual is unable to manage their daily financial affairs or make your own medical decisions. It is imperative that you have the necessary documents to allow your most trusted friend or family member to help you with these important decisions. Skipping on an estate plan eight now can cost your family additional legal fees, court costs and unnecessary anguish down the line. Please contact us to discuss your goals for your family and create a plan to protect them.