Estate Planning for Christmas

Estate planning is not the first thing on your to-do list this holiday season, but maybe it should be. People procrastinate estate planning because they do not know where to begin, the idea is depressing, they do not feel they have enough financial knowledge, or they are not sure how to gather necessary documents. The good news is an estate planning attorney can simplify the process for you.

The holidays are a time for spending time with family, giving gifts, and looking ahead to the New Year. This can also be an excellent time to have face-to-face discussions with loved ones. Think of your estate plan as a selfless gift for those you love. Give security to your spouse, children, parents or siblings by setting your plan in black and white, and let our experience guide you to an effective plan.

You can make your wishes clear through essential documents such as your Will, Power of Attorney, Living Will or Healthcare Power of Attorney. Appointing a testamentary guardian is essential for families with children, and a Will is your opportunity to designate a guardian so that your children are taken care of in a worst-case scenario. In addition, we can walk you through the decisions of advanced directives so that no one else is faced with these decisions for you. Together each essential document is drafted with custom provisions to reflect your individual family dynamics.

As the year ends and you review your finances, also keep in mind that tax planning and estate planning go hand-in-hand. Consider updating other documents like insurance policies or retirement fund beneficiaries, if you reached any milestone this year such as marriage, having children, or becoming retirement age. Your family may face unintended consequences later for your failure to update documents today.

An estate plan can decreases stress for you and your loved ones. We wish you peace of mind this holiday season, and an experienced professional is ready to customize a plan for your family. Contact us or call 864-804-6330.