Give your family the gift of basic estate planning

Did you know that nearly two thirds of Americans haven't even done basic estate planning? 

There is often a mountain of paperwork that needs to be dealt with when a loved one passes away.  Did you know that you have to file taxes for someone after they die?  Or pay their bills on time to avoid penalties?

You can remove a lot of the burden on your family by taking these simple steps:

• Update the contact and beneficiary information on all of your important accounts (retirement, investment, insurances), then set a calendar reminder to check it yearly for accuracy.
• Take inventory of all your assets and expenses and keep them in a safe place with your important documents.
• Complete an Advance Health Care Directive with your desired medical and end-of-life instructions.
• Select someone to serve as executor or trustee to oversee your estate.
• Review your assets and medical wishes with your executor or trustee and then store the information somewhere secure.

Call The Family Formation Law Center for a complimentary review of your current estate plan and a discussion of your needs 310-598-6428.



Comments

[Family Law Sydney]

I was looking forward for such guidance related to estate planning before. Thanks for such looked-for information.