When handling your estate planning affairs, you will need to think about difficult issues. It’s important to sit down and ask yourself some important questions so that you’re able to develop (with the help of your estate planning attorney) a great plan that meets your needs. Take a look at some of the information below to learn more. If you have any questions or if you’d like to start your estate planning, contact a qualified estate planning attorney.
When evaluating your goals, ask yourself the following questions:
- Will my plan meet all or most of my needs?
- How do I want my property to be distributed after my death?
- Are there certain individuals who I wish not to receive my assets?
- Do I want to make sure that my family business is always protected?
- Who should I name as the guardian for my minor children?
- Do I want to leave assets for the care of my children?
- Who will help to handle my estate planning affairs?
- Do I have enough life insurance to protect my family?
- Should I prepare for long term care?
- Do I have certain funeral wishes that I want respected?
- Should I title my assets differently?
- Should I consider incapacity planning?
- Would it be beneficial to have a financial power of attorney in place?
- Do I want my affairs to remain private?
- Should I include my pets in my planning?
- Have I included enough instructions in my planning?
These are just some of the questions that you should ask yourself. It’s important to carefully consider your goals so that you can develop a plan that meets all of your needs. There are many steps that you can take to protect yourself during life and after your death. If you have any questions, or if you’re ready to start your estate planning, consult with a qualified estate planning attorney.
- Can a Party Refuse to Honor a Power of Attorney? - September 17, 2020
- Why Estate Planning Is Crucial for a Blended Family - September 15, 2020
- Building Flexibility into Your Plan - September 10, 2020
