Estate Plan Review
Is your Estate Planning "done"?
When asked if thier estate planning is done, many people respond with, "It's done," or, "It's taken care of." We don’t think your estate planning is done or taken care of, until you have at least considered the following:
Catastrophic Illness Protection. Would youprefer to go through a costly and public guardianship proceeding if you become mentally disabled and can no longer handle your own financial affairs, or would you prefer to have powers of attorney in place that would allow a trusted family member or friend to handle your financial affairs in that situation?
Creditor Protection. Would you prefer to leave your assets to your spouse and your children in a way that would protect those assets from the consequences of the spouse or child being at fault in a serious accident, having inadequate insurance, suffering some impairment or a financial setback? Would you be interested If you knew it was done just with “words on a piece of paper”, and it didn’t cost more? Yet almost NO Estate Plans offer this kind of protection, and few planners ever ask about it. We do.
Remarriage Protection. Do you have a preference as to whether the assets you leave your spouse should be available to a new spouse, if your spouse remarries, or would you prefer to protect those?
Nursing Homes. Do you have a preference as to whether you would like to stay at home as long as possible if you become disabled, even if it would require using all, or a large portion of your assets? Most of the people we have met and counseled about long-term care do have a preference for care, but haven’t communicated it to their family.
When you submit your estate plan you will receive a comprehensive analysis of your estate plan in the mail. You will also be offered a free consultation to discuss the reults of your free review.
Call us at 1-813-655-4940 or toll free at 1-800-794-4940 with any questions or to schedule an in-person meeting.