Estate planning is not the most exciting financial topic to tackle, but it’s really important!

Here’s why:

  1. If you plan right, you may be able to avoid probate (the lengthy court process to get assets where they need to go after you’re gone)
  2. You can make it easier on your spouse and kids
  3. You will have more peace of mind knowing this area is in good shape

Here are a few of the major decisions you’ll need to think through (we recommend that you use an estate attorney):

  1. Do you use a traditional Will or go with a Trust?
  2. What’s the best way to transfer real estate or business interests?
  3. How much are you leaving to your kids / family and when do they receive it?
  4. Would you like to give any to charity?

So, is your estate plan up to date? Let us know if you need help!

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