If you’re like most of us then your fantasy football draft parties have ended, your team is locked in and you’re ready to be glued to the screen every Football Sunday. If you planned properly you just might win that money at the end and, more importantly, bragging rights. Planning is crucial to success, both in football and in life. As such, a successful estate plan will require some planning ahead.
Whether you’re single, married, have children or don’t – you WILL benefit from estate planning. Creating an estate plan means you remain in control over your assets even after your death. When children enter the picture, you’re going to want to ensure that they are provided for. Your estate plan will not only allow for your children’s financial needs to be met but will provide for their emotional needs as well. Every estate plan created provides full protection through the creation of seven documents: The Living Revocable Trust, Assignment of Property to the Trust, Last Will and Testament, Living Will, Durable Power of Attorney, Healthcare Surrogate, and HIPAA Release. The Last Will and Testament is where you will appoint a Guardian to raise your child. If you don’t want the guardian to have control over the child’s finances, then you can appoint a different individual for that task. You may also lay out any specific cremation or burial requests and designate a Personal Representative in your Will. Your Durable Power of Attorney will designate individuals to make important financial decisions on your behalf while the Healthcare Surrogate will appoint someone to make important healthcare decisions for you. The plan is flexible and can be created to accomplish your specific goals.
Don’t delay. Do plan ahead! Take a break from your football obsessions and make an appointment to get your estate plan today. Consultations are free and the peace of mind from preparing is priceless so call (954) 944-2855 to make your appointment today!
IT’S A WILD WORLD. ARE YOU PROTECTED? SM