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Why Would I Even Need an Estate Plan…Or An Estate Planning Attorney?

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WHO IS GOING TO FEED FIDO?

It’s important not to think about estate planning as something you do for yourself. Estate planning is something that you do to make sure your loved ones are cared for. And this applies to the humans and animals in your life. 

WHO GETS YOUR STAMP COLLECTION?

Estate planning covers more than the obvious assets that come to mind. Your other valuables, mementos and family heirlooms need to be handed down properly as well. Failing to memorialize your wishes into a comprehensive estate plan with a will or trust can result in the state deciding who should have what. Keep the decision process in your hands. 

DO YOU REALLY WANT A ONE-SIZE-FITS-ALL WILL?

Having a generic will is one of the mistakes that many people make. You are unique and have your own wishes, hopes and dreams – your will should reflect those wishes. You’ve worked hard for your life – make sure that you are leaving the planning to an experienced professional that can cater your estate to your needs and lifestyle.

“STAIRWAY TO HEAVEN” OR “AVE MARIA”?

A comprehensive estate plan can be just that – comprehensive. In fact, it can be as detailed as you want it to be, including instructions on your final resting arrangements. Make sure that your family is able to celebrate your life without the burden of arranging your final plans. 

WILL HE SPEND IT ALL ON LEGOS AND ICE CREAM?

Protecting a child’s finances is one of the most loving things that you can do for them. Ensuring that your children are financially secure or that your nephew’s education is paid for will help set them up for success. Whatever your goals are, a proper estate plan can make sure that they are provided for instead of having their inheritance squandered on a fancy car, seized by a creditor, or given to an ex-spouse during a divorce. 

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