If you are approaching your gray years, you are undoubtedly hearing more and more about the importance of estate planning. But estate plans are not just for older men and women. People who have recently come into a sizeable sum of money, started a privately-owned business, or have a family that depends on them should also set up a solid estate plan as soon as possible.
You do have your options to choose from, though. Just choosing whether you want to make a last will and testament or a living trust can take some time or the help of a professional estate planning lawyer to decide upon. No matter how you plan your estate, it is most important that you do, and you will always feel the benefits of doing so right away.
Support In a Crisis
Estate planning will usually involve deciding ahead of time how to care for you should you become seriously ill or incapacitated. Medical treatments, location of the care facility, and more can all be outlined in detail. As your living trust can essentially speak on your behalf when you are unable to, it will take the guesswork out of your care and leave your loved ones and relatives feeling confident that your intentions are being carried out correctly.
Leave a Lasting Legacy
Drafting a will provides you with the unique opportunity to say exactly how you would like your estate distributed after you pass away, and why. You can bestow your automobile to a family friend, pass your home onto your spouse, and leave your business in the trustworthy hands of your children. In some ways, a properly created will is more for your loved ones than it is for you, as inheritance can set those in need down a more stable path.
Peace of Mind is Priceless
Perhaps more importantly than any other reason, you should create an estate plan to find a much-need and welcome peace of mind. The sense that everything will continue on as good as it should after you pass away can take a great deal of stress off your shoulders. Many people who finalize their will or trusts say that they felt like they could enjoy life more and rest easier at night after making an estate plan. Don't you deserve those same feelings?
If you are ready to plan for your future, talk to a Roseville estate planning attorney from Herrig & Vogt, LLP today. With our experienced team at your side, we can ensure that no parts of your estate are overlooked and everything is handled properly. There are few things more frustrating than making a will or trust only to find it is invalid due to an avoidable mistake, and our mission is to assist you with every step along the way so that does not happen. Call (888) 901-8229 today to schedule a free consultation with our compassionate professionals.