There is a misconception that estate planning is only for end of life events, but it is important for people of all ages to have a “plan”. Estate planning is the establishment of a plan for health care decisions and financial decisions during your lifetime, as well as creating a Last Will and Testament to carry out your specific wishes at the time of your passing. This may include selecting a Guardian(s) for your minor child(ren), naming an Executor, paying your debts and dividing your assets.
It is important to select an agent or agents for whom you trust to carry out your wishes both medically and financially. The importance of estate planning documents is to have them in place prior to an event where you are unable to make decisions on your own. For example, you are in an automobile accident and require a length stay at the hospital. Your bills, daily banking needs, and financial matters still require your attention. By naming a trusted agent(s) he or she is able to perform day to day transactions to maintain your finances when you are unable to.
We invite you to contact our office to schedule an appointment to discuss your individual estate planning needs and establish a “plan” unique to those specific needs.