Estate planning is an important part of ensuring your family is taken care of when you pass away. Getting started on this can seem overwhelming, however, don’t let it deter you from taking care of it. Our attorneys are here to guide you through your estate planning and answer any questions you may have. Here are three things you should understand about estate planning as you get started:
1. It’s not as difficult or complicated as it sounds. Often, people get overwhelmed with the task of taking care of their estate planning. When you choose an attorney who specializes in estate planning, they can guide you through the process and answer any questions you have. Keep in mind that having an experienced estate planning attorney to guide you through this is what makes the process less complicated. We do not recommend DIY’ing your estate planning.
2. You’ll be asked to choose an executor/trustee of your estate plan. This person is assigned to distribute your assets and take care of your finances and debts upon death. This person basically ensures that your final wishes are carried out the way you’d like them to be. It can be overwhelming to choose this person. Typically, someone chooses a close family member or a spouse.
3. No matter which stage in life you are at, you need to be proactive about your estate planning. Those who pass away without their estate planning taken care of place a huge burden on their loved ones as they try to navigate splitting your estate and handling your finances without any sort of guidance that’s given by proper estate planning.
To schedule your appointment with one of our estate planning attorneys, click here. We’ll be in touch shortly to schedule your appointment.