Showing posts with label why estate planning is important. Show all posts
Showing posts with label why estate planning is important. Show all posts

Thursday, July 24, 2014

Two More Good Reasons to Plan Your Estate

  • When you pass away, your assets will be distributed the way you want. This is not always the case. If you do not have a will or trust, your estate may be distributed in accordance with the NH statutes, which may not be consistent with your wishes. This is especially true with 2nd marriages
                                               
  • Peace of mind. Having a proactive estate plan provides you with the comfort of knowing that, should something happen, you have a team in place to carry out your wishes and intentions

Monday, May 26, 2014

Two Good Reasons to Plan Your Estate

People often ask about the importance of creating their estate plan.

Naturally the various reasons why a family should do so will vary depending upon their circumstances. Generally speaking, here are two good reasons to plan your estate:
  1. Allows you to protect any inheritance from children's divorces and lawsuits. Trusts can be drafted so that the inherited assets can be protected from a bad marriage, or a personal claim.                                    
  2. Assurance that a disabled child or loved one will be taken care of and won't lose public benefits, if needed.    
We'll provide additional "good" reasons to plan your estate in our next post...