“Planning is bringing the future into the present so that you can do something about it now.” ~ Alan Lakein
An Estate plan includes items such as a Will, Trust and Powers of Attorney. A good Estate Plan protects you and your family if something were to happen to you and you could no longer make choices for yourself.
When creating an estate plan, what should I consider?
- What assets are part of my estate? What do I own?
- What will happen to my assets, such as my vehicle and home after I pass away?
- Who do I want my assets passed on to? And when?
- Who will take care of my children, if I am unable to take care of them personally?
- I have been remarried. How will this affect my estate?
- If I just own a home, do I need to get a Trust?
- If I am not able to care for myself, who will make decisions on my behalf concerning my health and financial welfare?
- What will happen to my business after I pass away? Who will have the authority to run the business?
Everyone needs a well-formulated and well-drafted estate plan. To learn more about useful and important estate planning tools and techniques, contact the legal team at The Swenson Law Firm. We would love to meet with you.
Make an appointment with an Attorney today. Call 916-333-0833.