Everyone Needs to Plan for the Future
Having an estate plan is critical, regardless of your age, family status, or wealth. People frequently believe that unless you are wealthy, you don’t need a will. In fact, less than one third of American adults have comprehensive estate plans in place. However, regardless of your net worth, there are many reasons to have at least a basic estate plan.
If you have children, you need a will to establish who will care for them if something happens to you. You can also use a will to leave money or specific belongings to whomever you see fit. You can make sure your family members (including your pets!) are taken care of, and you can even designate how you want your social media accounts, such as Facebook, to be handled once you pass away. If you become incapacitated, the costs of a single court proceeding to establish a power of attorney will likely cost your family twice as much as drafting an entire estate plan.
Having an estate plan is critical, regardless of your age, family status or wealth.
If your estate plan is more complex (e.g. if you have a blended family or if your estate is large enough to warrant tax planning), you need an experienced estate planner to assist you with determining the most comprehensive, yet efficient, method for managing and distributing your estate.
Carole Callaghan understands that estate plans should be drafted to fit each individual’s circumstances. That’s why, when you work with Carole to develop an estate plan, she will take the time to really listen and understand your needs and concerns. Her goal is to make sure that you have all the tools you need to provide for your loved ones and protect your legacy.
Carole’s goal is to make sure that you have all the tools you need to provide for your loved ones and protect your legacy.
Whether you want a simple will, a comprehensive estate plan or something in between, Carole can help you achieve the peace of mind that comes from knowing your affairs are in order. Call Carole today to set up a free initial consultation. To learn more about essential estate planning documents that every adult should have, visit my Estate Planning Basics page.