You know you should do it. You may have been putting it off for years. Where do you begin? What is the first step?
The problem with planning your estate is its not a “fun” topic. Do you really want to think about your ultimate demise? Yet by spending a little time today with the necesarry paperwork, you can be secure in the knowledge that you and your family can avoid many headaches down the road.
1. Writing a will is easy
While you’ve probably put estate planning aside thinking it would be a difficult process. It doesn’t have to be. Many lawyers specialize in estate planning and can walk you quickly through the process. You can even purchase a do it yourself kit or book and list out who will inherit what. The important thing is to start the process.
2. Make changes along the way
Creating a Will and Trust is important, but don’t forget to review your will after life-changing events. New jobs, marriages, divorce, birth and death can all change the outcome of your will. [Read more…]