Happy New Year! To start 2014 out on the right foot, resolve to set in place your plans for the future. It's never too soon to start planning your estate. No matter your age, by planning ahead, you will feel better prepared to face the twists and turns life can take with confidence. To begin, it can be helpful to discuss those "what if" situations with family and loved ones. Including family in your decisions regarding the distribution of your assets and the care of your dependent children after death can help to reduce chaos should an unexpected event occur.
By setting up a Will, Living Will, Durable Power of Attorney, Health Care Power of Attorney, and life insurance policy now, you ensure that your assets will pass according to your wishes and not according to a probate court order. In addition, you are able to provide some financial security for dependent individuals, including a spouse or children. Establishing an estate plan is a simple way to gain peace of mind today and to protect your assets and your family in the future.
Best wishes for a safe, happy, and healthy 2014!