11 Reasons to Have an Estate Plan

Every adult should have an estate plan, no matter their age or income.  An estate plan usually consists of a trust or will, and depending on where you live, one might be better than the other. Consult an attorney to find out which is best for you.

 

 

 

 

1. Names guardians for your children
2. Names trustees or executors of your estate
3. Helps prevent family disputes
4. Protects unmarried partners
5. You decide who gets your possessions
6. Speeds up overall process and asset distribution
7. Provides for pets
8. Charitable donations will be dispensed per your wishes
9. Leaves instructions for digital assets
10. Specifies your final wishes
11. Gives you and your family peace of mind

 

 

 

 

I know this issue can be complicated, so if you need additional advice or a referral to a qualified financial or legal professional, let me know and I’ll connect you to one in my network.

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