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.

Think of your Estate Planning before the New Year

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

Essential Documents

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. Moreover, each essential document has custom provisions to reflect your 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. If you reached any milestone this year, such as marriage, having children, or retirement age. Consider updating other documents like insurance policies or retirement fund beneficiaries. Your family may face unintended consequences later for your failure to update documents today.

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

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