What COVID -19 has Taught US

What COVID -19 has Taught Us About Estate Planning? So, as the COVID-19 Pandemic sweeps its way across the United States, over 50% of all Americans still do not have an estate plan. This has struck a resounding alarm.  But, most people recognize the importance of planning their estate. However, most people also believe that they have plenty of time and that estate planning is something that they should do much later in life.  But, the fact is that estate planning is relevant at all stages of adult life, regardless of age.

Family

An estate plan is not just for the living,  an estate plan is mainly for the loved ones we leave behind.  Dying without a Will or Trust means that you have left important decisions for the court to decide which may be contrary to your personal wishes.  Who will care for your children? Where will they live? How will their college needs be met?  These are all questions that a complete estate and financial plan can help address.

Tomorrow is not promised to any of us.  An estate plan can range from simple to quite complex depending on your particular circumstances.  The average estate plan can cost from $500 – $2,000 and can be completed in as little as a week. A comprehensive Estate Plan will include a Trust, Will, Powers of Attorney for health and finances, HIPPA agreement and more. All plans are tailored to your specific needs.  Life can change in just the blink of an eye. Don’t leave your loved ones unprotected. So, What COVID -19 has Taught Us About Estate Planning? Take care of the ones you love the most. Call Today to schedule your free no obligation consultation.

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Take care of the ones you love the most

For the ones you love

In the Blink of an eye life can change forever. Estate Planning is not only for you, An Estate Plan is more for the ones we leave behind. Take care of the ones you love the most.

However, we know two things are certain; death and taxes.  Despite these uncertainties, over 50% of people fail to plan for the inevitable. Because of this failure, a countless number of estates find themselves in the time consuming, expensive, and public process known as Probate.

Estate Plan is one of the most important and thoughtful decisions you can make. The purpose of an Estate Plan is not just to tell the government how to distribute property after your death. An Estate Plan is a way to maintain control over your affairs while alive and after you pass away. So, an Estate Plan allows you to protect your assets and help you and your family maintain your current lifestyle.

The amount of planning required will vary from client to client.  The objective of any Estate Plan is to transfer wealth to the next generation in the most tax efficient way possible.

At T.L. Morson and Associates we specialize in Estate Plans and Wealth Transfer Plans that are customized to meet the needs of each client.  This means our plans are designed specifically for you and the needs of your family.

Take care of the ones you love the most. Call Today for your free no obligation consultation.

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