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):
- 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?
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).
- 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