It is never too early to plan for your future. Unfortunately many times, folks wait until it is too late to contact an attorney. It is almost always much easier and cheaper to hire a lawyer to plan for future events, then to hire a lawyer to deal with a problem after it has happened.
While planning for our eventual death or incapacity is not a happy topic to discuss, it is one that is vital if we are going to provide for our loved ones. I include myself in this, as soon as my wife and I had children we hired a lawyer to get our plan on paper.
If you don’t plan, then you will be thrown into your state’s intestacy laws—laws that say what happens when a person failed to make another plan. The desire of most folks that plan for their future are almost always different from the state’s automatic system. If you need basic future needs documents to protect your future our office is here to help and at a relatively low cost. If you need more complex estate planning then we can refer you to a specialist who can assist in drafting trust documents or other more formal documents to minimize estate taxes and protect your legacy.
Everyone should have these basic documents that our office is happy to prepare for you after a thorough discussion of “what if” scenarios where we discover your preferences.
Oftentimes people trust the matter to their children or spouse after they pass, thinking that they will be able to sort it out. Wills, like contracts, have predictable outcomes. This takes the decision making, posturing, and game-playing out of the equation. We all have likely heard a story about how a family is torn apart following a death in the family. Children fight over possessions and feelings get hurt. Making the decisions ahead of time allows your descendants to avoid those arguments.
If you don’t have your family’s future plan set out on paper, give us a call to discuss your options and putting a plan on paper.
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