Is It Time To Make A Plan?
Do you need an estate plan? If the question has even occurred to you, you probably do. People from all walks of life benefit from having sound estate planning documents in place, including:
- Those who have retired or are close to it: This is the most obvious group, and for good reason. When earnings from a career are no longer coming in, you have to maximize the income generated by your accumulated wealth and assets. Later in life is also when people start thinking about providing for loved ones in the event of death or incapacitation. By creating an estate plan, you can set these concerns aside and enjoy the comfort and stability you have worked so hard to achieve.
- Young families: Anyone with children can benefit from at least a few estate planning fundamentals. A will, for instance, not only allows you to specify how your assets would be distributed in the event of an untimely death, but also lets you appoint a trusted friend or family member who would serve as a guardian of your minor children. No one likes to think about these eventualities, but taking a few commonsense measure now can put them out of your mind.
- Everyone: Anyone who wants to spare their family members the stress and possible conflict over how their assets should be divided after death can gain peace of mind by putting these plans in place today.
As an attorney with more than 30 years of experience, I can review your unique financial circumstances to determine how wills, trusts and other estate planning documents can serve your interests.