Saturday, June 21, 2014

WHEN IS THE BEST TIME TO PLAN YOUR ESTATE?



The best time to plan your estate is now.

None of us really like to think about our own mortality or the possibility of being unable to make decisions for ourselves.  This is exactly why so many families are caught off -guard and unprepared when incapacity or death does strike.  Don't wait.  You can put something in place now and change it later...  which is exactly the way estate planning should be done.

The best benefit is peace of mind.

Knowing you have a properly prepared plan in place- one that contains everything it should and will protect your family- gives you and your family peace of mind.  This is one of the most thoughtful and considerate things you can do for yourself and for those you love.

Estate Planning does not have to be expensive.

If you don't think you can afford  a complex plan now, start with what you can afford.  For a young family or single adult, that may mean a will, term life insurance, and powers of attorney for your assets and health care decisions.  Then, let your planning develop  and expand as your needs change and your financial situation improves.  Don't try to do this yourself to save money.  An experienced attorney will be able to provide critical guidance and peace of mind that your documents are prepared property.

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