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Saturday, January 1, 2011

Ringing in the New Year

Ringing in the New Year

I does seem like we are a little more motivated to get our lives in order during the new year. It’s so easy to put things off, but the risk can be significant. Now is the time to take a look at your personal issues and take the steps needed to get them handled.

It seems like more people are thinking about estate planning after Christmas. Who will make my medical and financial decisions for me if I am unable to do it myself? Will my estate go to the people I want to receive it? Will minors that may receive bequests be protected, and the bequest properly managed and distributed?

All of the above are good questions, and if the answer to any question is “I don’t know”, then it is time to get some professional advice. You can usually meet with an attorney at little or no cost who can explain estate planning and how to best achieve your goals. All you are out is your time, and the advantages to getting educated on estate planning issues can really pay off.

If you have not sought help with your estate planning needs or if it has been years since you last talked to an attorney about these issues, now is a great time to do the responsible thing. A little time and trouble now can save your family and loved ones a great deal of sorrow and expense later.