Another holiday season is in full swing.

In the midst of spreading holiday cheer and visits with loved ones, take this great opportunity to create or review your estate plan and talk it over with your family, close friends or trusted advisers.

One of the best gifts you can give is to make sure your financial and legal affairs are in order and that the people you love and trust the most know what to do in the event of the unspeakable happening.

 

So, what should you do?

First – Get Organized.

Gather all of your important financial and legal papers, organize and secure them in a safe place such as a home safe or locked file cabinet. Create a list of important people and their contact information. Then create a list of where these important documents can be found when needed, and share this information with the people you trust the most. Having someone in your life who can access those papers is vital no matter what stage of life you’re in.

Next – Ensure Your Wishes Will Be Followed.

Meet with an experienced estate planning attorney to get a will or trust tailored to your needs and desires. If your existing will, trust, power of attorney or other documents were made more than 2-3 years ago, have them reviewed by an attorney to ensure it still matches your wishes and complies with current law.

And Last – Plan your Legacy.

Consider going beyond the traditional financial and legal aspects of your estate plan and create a legacy video or letter that shares your hopes and dreams for your friends and family when you are no longer able to  – your own words and insights that your family can look back on and cherish forever.  Think about how much you would treasure this from someone you have lost.

Remember, no one loves your family and close friends like you do, so make sure that your wishes are known and will be legally enforced. It’s important to hire a competent and experienced legal professional to ensure this happens.

For more information about Estate Planning for your family, schedule a complimentary meeting with Attorney Liz Moneymaker.  Our office will remain open over the holidays to ensure you have every opportunity to ensure your plan is in place so that you and your family have peace of mind.  Our family is here for your family.

Happy Holidays!