October is Estate Planning Awareness Month We think it is great to have a month dedicated to this important topic and whether it is October or some other month of the year, the best time to start planning for your estate is now. Here are some basics to get you started. Plan for tomorrow, today. Everyone has an estate. Everyone needs an estate plan. Why not just a will? Beneficiary designations on qualified retirement plans and life insurance policies usually override bequests made in wills or trusts. Many people never review the beneficiary designations on their retirement plan accounts and insurance policies, and the estate planning consequences of this inattention can be serious. Having an estate plan means keeping the estate plan updated, as time passes or changes happen in your family. Where do you begin? We are happy to speak with you about your estate planning needs. We do this all the time. We can refer you to a good estate planning attorney who can assist you in drafting your legal documents. Then we can help you to address any issues pertaining to your financial accounts. We can keep copies of all your important estate documents in your Wealth Plan so they are easily accessible when they are needed. Would you like to talk more about your estate planning needs? Schedule a Free Estate Plan Assessment Free Estate Plan Assessment |
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