When it comes to planning your future, have you considered a future that you’re not a part of? So many people plan for retirement, but few stop to plan what will happen after they have passed, how their assets will be distributed and who will be responsible for administering their estate.
While it might seem morbid to talk about those things, the truth is that planning your estate is the responsible thing to do. After all, what could be better than making sure your loved ones aren’t caught in the middle of a legal dispute when they should be enjoying all of the good memories they’ve had with you?
Start with a good will
Some people might think that creating a will is all you really need for estate planning, but it doesn’t actually end there. In fact, most estate planning professionals will tell you that a good will is a starting point, but that there are other important factors to consider.
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Your will is only a small part of the bigger picture which involves devising a well rounded, comprehensive plan that not only plans for the distribution of your assets, but also determines what will happen if you become incapacitated before you pass, who will be responsible for making healthcare decisions and who will make financial decisions.
Tie together estate and retirement planning
Estate planning involves not only a will, but can include a medical directive, letters of instruction to your friends and family members as well as a power of attorney.
Don’t wait until it’s too late
Don’t let another day go by worrying about what might happen. We know that big sigh of relief that our clients let out once they have set foot in our offices, knowing that they have secured the future of their life’s work and that of their loved ones as well. Give us a call today and ask about a free consultation with one of our experienced estate planning lawyers.