Protect Your Future with Estate Planning

We understand that thinking about your own mortality now may feel uncomfortable, but a little planning can go a long way. Estate planning is not just for those who are going into retirement age or those who are very wealthy. Though people in these categories may be thinking more about estate planning, everyone should consider what will happen to their loved ones upon their passing. Proper estate planning can be impactful in a positive way, even for families with modest assets. Don’t put off estate planning simply because you don’t think you own enough or are not old enough. Make your wishes known now, so your family isn’t left with this challenging task after you’ve passed.

Estate planning not only helps ensure your wishes are carried out, but that those who you wish to name as beneficiaries are protected as well. Whether you are leaving behind a large sum of money, a second home, or your treasured belongings, estate planning will help you designate heirs for your assets and help your family avoid complicated and emotional debates about what should happen with the estate. Estate planning now will also enable beneficiaries to reduce the amount of federal and state inheritance taxes paid to the IRS and help avoid a lengthy probate hearing.