By having an estate plan, you will provide your family with peace of mind. They won’t have to worry about what happens to your assets, including money, property and investments. You have clearly made the decision as to what will happen with your money through a will or trust. Because of your decision and instructions, your family may have an easier time dealing with your unexpected death. Moreover, proper planning can save your estate thousands in court related expenses.

There’s no clear answer to that, but even a single, 30-year-old millennial should have a Will, Health Care Proxy and Durable Power of Attorney in place. You need to prepare for the unexpected, and you want to take care of your family. If you have children or significant assets such as a house, property, investments, retirement accounts and other financial accounts, you will want to have an estate plan. Please don’t procrastinate. Your loved ones will thank you.

The state decides what will happen to your assets and distribute them among family members or your “heirs at law.” Your procrastination has taken the decision-making out of your hands, and that is not a good thing. By having an estate plan, you control the decisions and where your assets are distributed after you die. Do you really want the state to distribute some of your assets to a long-estranged sibling or relative? Get a free consultation with us.

Whenever a significant life event occurs is the time you need to update your will or trust. A few scenarios exist, including buying a home, starting a business, the birth of children or grandchildren, getting a divorce, diagnosis of a serious medical condition or even receiving a significant inheritance.