Naturally, discussing death, incapacity, and other potentially frightening life events with someone like me, may feel intimidating or even morbid. Some people may even feel like by focusing on them, they are inviting bad things to happen.
Vacations can be the perfect opportunity to relax, disconnect from work and responsibilities, and enjoy your family and friends. But before you head off on your next getaway, there’s something else you should consider doing that might not sound quite as fun—creating an estate plan.
As the world and its laws continue to evolve at lightning speed, everyone needs to keep their estate plans up to date with the ever-changing world around them.
Making important decisions for aging parents can be a challenging task, but having a power of attorney (POA) in place can provide peace of mind, direction and clarity in times of crises.
Regardless of whether you’re just starting your career or a sophisticated high net worth business owner, it’s likely you don’t know how to compare attorneys, what questions you need to ask, or what to look for when shopping for an estate plan. As a result, most people simply pick up the phone and ask a few attorneys how much they charge for a “Will” or “Trust.”
Investing in life insurance is a foundational part of your overall estate plan, and when done right, it can be the primary way to ensure your loved ones will be taken care of after you are gone.