Basic Estate Planning Issues To Consider

24-7 Press Release:  Thinking about life going on after your death and how your family will cope is never pleasant. But if you do not focus on your estate plan now, there is the possibility that your loved ones will be left with nothing, and may even have some unwanted bills after you pass away.

Without an estate plan, you leave your family with an uncertain future. As plans can differ from person to person and family to family, it is important to meet with an attorney experienced in estate planning to discuss which documents best suit your needs. If you already have an estate plan in place, make sure you regularly review it with your attorney to ensure that it still meets your goals.

Everyone Needs A Basic Estate Plan

24-7 Press Release:  Estate planning is not only for the super-rich, or even just moderately wealthy individuals. Wills, medical directives and trusts accomplish many things. Whether you need to set up a guardianship for your children or obtain peace of mind for future health care decisions in the event you are incapacitated, estate planning is now a versatile and straightforward way to manage end-of-life planning.

Never Too Early To Start Planning

North Jersey.com: Two months ago a close family friend had a heart attack.

Fortunately he came through it and is on the mend. But the experience — including concerns about who would make medical and financial decisions on his behalf, if needed — served as a reminder that he and we need to get our financial houses in order.

Most of us don’t like to think about these “what if” decisions.

But as more of us become eligible to join AARP or care for aging parents, it is critical that we make sure that we are ready.

And that means preparing key documents — including a will, power of attorney, advanced medical directive and a medical proxy — and keeping each up to date.

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