Am I Too Young to Have a Will? Part Two

Am I Too Young To Have A Will? Part Two

This isn’t supposed to be a scary blog entry, instead it should be seen as more of an eye-opener as to how simple it can be to protect your loved ones should the unthinkable happen. If you are still unsure, ask yourself 3 questions (Tip: the 3rd question is the one most people don’t realize is necessary):

  1. Do I know who I want to take care of my kids or other loved ones who are dependent upon me when I die or become disabled?
  2. Do I know who I want to take care of me if I become disabled? (Note: a Will won’t help you with this but a Health Care Power of Attorney combined with a Living Trust or Durable Power of Attorney can).
  3. Have I created the instructions required by the Courts to ensure that the person I want in charge of taking care of me and/or my loved ones can do so without costly and time consuming court approval?

So, the lesson here is that it’s never too soon to meet with an estate planning attorney, and if you would like to learn more about the benefits of estate planning, call us at (203) 651-5521, or visit our website HERE.