August is "Make a Will" month so we thought we would use this time to talk about the importance of estate planning.
It sounds soooo daunting!
When we think "estate," we think sprawling mansions and dynasty trusts for your great-grandkids.
But,...in order to truly get it, you need to break it down...a lot more.
Estate planning is simply organizing your "estate" so that your family does not have to do it for you. Your estate means a lot of things--your finances, your accounts, your paperwork, your money, your kids, your family.
From my probate experience, I can tell you quite simply that your family does not want to have to do this hard work for you. Your kids and loved ones will hate having to call a probate attorney to begin the court case to release your property to them.
I know, because I get these calls.
Every day, the phone rings with frustrated family members experiencing a loss and knowing they need to do something, but not sure what. It's an annoyance, it's a burden, and it's an expense. The thought of finding paperwork, calling banks and going through your stuff is too much. It's an overwhelming process that could have been made more simple.
One way or another, the hard work has to be done. Consider that your legacy can be "setting things right" for your family.
And, believe it or not, we are sort of fun to work with. It won't be so bad.
Come visit our office and if you like puppies, ask us to bring Steve to our meeting.
Hope to hear from you soon. Just reply to this email.