While the rest of the nation celebrates its independence on July 4th, you can rest assured that you too can declare independence for your family — from court interference. Life can be unpredictable. Whether it is a financial issue, the birth or adoption of a child, sickness or incapacity, it is important to be prepared with proper estate planning. In fact, failure to put together a comprehensive estate plan can leave you and your loved ones at the mercy of the court when it comes to distributing assets or caring for a minor or sick family member.
Estate Planning Basics: Continue Reading
Simply put, estate planning addresses how to manage your property in the event of your death or incapacity. Some estate planning tools you have likely heard of before including last will and testaments, living wills, trusts, powers of attorney, and healthcare directive. Estate planning is a great method not only to plan your family’s financial security but to use tools to keep your family’s personal business outside of the courtroom.