An estate plan in its simplest form consists of legal documents that define our desires and wishes for our medical and financial care before death and at end of life.
Creating a clear life plan is a critical part of managing your assets, protecting your family, and providing a clear medical directive for your family in the event of a health issue. That is why it’s surprising that nearly 6 out of 10 Americans are unprepared for the inevitable. And for those with children under the age of 18, only 36 percent have a plan in place.
In the divorce context, many do not realize that failing to have an estate plan would put your ex-spouse in charge of your assets if you have a minor child and no estate plan instead of a trusted friend or relative.
At Thacker Sleight, we understand that some people do not want to think about illness or death. However, having estate plan documents such as a will or trust in place will not only take care of your loved ones financially, it will save them emotional stress of making a decision, not in line with your wishes.
Regardless of your age, wealth, or profession, planning for what happens if you become ill or when you pass away ensures that your money goes to the people or causes you care about most, and your wishes are carried out.
Secure your family, money, and business. Contact us at 616.888.3810 to schedule an appointment with one of our experienced estate planning attorneys to assist you.