why is estate planning law important today?
It's no secret that the cost of living is going up. If you have a family to take care of, it can be difficult to budget for everything. One thing many people don't think about as they plan their estate is making sure there's enough money to cover all those expenses after they're gone. That's where an Estate Planning Attorney comes in handy! An attorney can help you create a legal document called a will or trust that specifies how your property should be distributed once you die, and what happens if one or more beneficiaries predeceases you. You may also want to consider naming guardians for your children and pet(s). The point is, having an Estate Planner on hand before something bad happens means peace of mind now and later.
Today, most people have health care needs unlike in decades past where there were no costs associated with illness or injury under workers' compensation laws. Typically, children are more involved in both school activities and sports that may result in hospitalization expenses. With longer lifespans on the average person coupled with rising medical costs it is more important than ever to take time before something bad happens to set up a plan for your tomorrow today. An estate planning attorney has the skillset to provide practical advice while protecting your interests and the interest of your loved ones.
