Your Financial Advisor should be on overwatch…always scanning for the wolf. One way to protect your wealth…an Estate Plan.
Creating an estate plan isn’t a one-time process, but is something that evolves as your life does. We’ve partnered with wealth.com so that we can allow you to create and/or update your estate plan whenever, and as often, as you need to quickly and easily. You shouldn’t have to wait for years to review and revisit your plan to see what may be outdated. It should be something that you’re intimately familiar with and something that is always up-to-date, no matter the reason
(Note: the below answers are courtesy of our friendly neighborhood partner at wealth.com).
I don’t have kids. Why do I need an Estate Plan?
Whether you are ensuring your pet’s ongoing care or making a legacy donation, there’s more to estate planning than an inheritance for children.
What if I don’t have enough money saved or valuable possessions?
Whether you have $3,000 or $300,000 – no one but you should decide what to do with that money and those possessions.
I can always get around to it later. Why do I need one now?
No one can predict the future. If something were to happen to both you and your spouse, who would you trust with your legacy?
What if I hate thinking about death?
Unfortunately death is an unavoidable part of life. We might not be able to control when we die, but an estate plan gives you a say in the process.
I’m not a wealthy person. Why do I need this?
It’s not always about the money. If you have a family heirloom, a special collection, or anything that holds sentimental value, you want it to go to someone who’ll cherish it. You need to be in control of that for which you’ve worked so hard.
What if I’m afraid to talk about “end of life” issues with my family?
Having conversations with family members about death and aging can be tough, but setting up an estate plan helps everyone get on the same page, avoiding family disputes down the road.
You’ve got this.
Be the Hero for You and Yours!
Neither Charles M. Feehely nor Wealth.com is a law firm, and neither are practicing law. Every person’s situation is unique. When making decisions about what estate planning features are right for you, note that a technology platform such as wealth.com uses generalized explanations and examples to educate you. To have these legal principles applied to your circumstances, consult with a licensed attorney.
