Friday, February 13, 2015

How to Include Your Loved Ones In Your Estate Plan

350 Old Country Road, Suite 205, Garden City, NY 11530
877-791-8076 / StoberLaw.com

Valentine's Day is perfect for showing loved ones that you care and appreciate them.  This Valentine's Day, give your loved ones more than just chocolates and roses.  Taking the time to plan your will and estate will help provide your loved ones with the peace of mind that comes from having an estate plan in place.

Take a look at these estate planning tips from AARP:

  • Create a Health Care Power of Attorney - Before making a decision about who your estate will pass to, you should decide who will represent your best interests in the event you become disabled.  With a health care power of attorney, you will also need a living will.  This will ensure the medical staff know what to do if you are placed on life support.
  • Create a Financial Power of Attorney - This document will work in a similar capacity as your health care power of attorney.  This will identify the person who you want to manage your financial affairs.
  • Plan Your Will and Trust - Trusts are drafted in addition a will, describing how the assets in your will are going to be executed.  This will help avoid lengthy and expensive court procedures down the line.
  • Seek Professional Advice - Give our office a call.  Our attorneys can help make sure that your estate plan provides the best instructions on how to distribute your assets.  We will help make sure that the process is simple for you and your family.

If you are over the age of 50, we recommend contacting our office to begin the estate planning process.  Our experience, combined with our successful track record makes us Long Island’s premier law firm.  We will work with you to make the process simple for you and your family. Contact our office by calling 877-791-8076.  You can also like us on Facebook and follow us on Twitter for the latest news stories and legal tips.