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- Ensure your family is protected.
- Avoid costly mistakes.
- Emotional benefits:
- Give yourself peace of mind. SELF-SCHEDULE.
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Estate Planning Made Easy
What happens to your assets and loved ones when you die? Who will take care of your pets? Who will make medical decisions for you if you become incapacitated?
An estate plan is a set of written instructions that tell others how to dispose of your property and who should receive it. It also tells the probate court what should happen to any property that does not have a beneficiary or an heir.
This can include life insurance proceeds not paid directly to the beneficiaries, bank accounts without named beneficiaries, and retirement benefits payable to a deceased employee's estate.
Without a will, state law determines these things for you.
No Estate Plan
If you don't have an estate plan:
- The probate court decides how and where your assets are distributed, or who gets your stuff.
- The probate court decides who will care for your minor children, if necessary.
- Your affairs may be subject to additional taxes that could have been avoided.
If you don't leave a will or other estate plan, the state laws of intestacy determine what happens with your property after death.
Under this system, loved ones and heirs might not receive what they're entitled to…and some people may receive more than they bargained for!
If you want to avoid confusion - and possibly even fights among family members - it's important to create an estate plan.
An experienced attorney can help you protect yourself by drawing up estate planning documents tailored to your personal needs and circumstances.
When thinking about writing your own estate plan, here are some questions for you to consider:
- Who will care for your minor children if both parents die?
- How will you provide financial security for your spouse or partner?
- If you become incapacitated with a terminal illness, who will make medical decisions for you?
- What happens to the business you've worked so hard to build?
- Do your family members know your wishes?
Nobody wants to think about dying. But by making an estate plan now, you can protect yourself and those closest to you…and give them comfort during their time of loss.
If you want to learn more about how we can help you plan your estate, contact our law firm today! Self-Schedule a free consultation.
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