Many people have estate planning all wrong. Concerns about the morbid nature of the process and the feeling that they have all the time in the world ultimately keep many individuals and families from doing this very important legal activity until it is too late. The truth is that estate planning can be something that benefits you in both life and death as well as something you might actually enjoy putting together. The bottom line is this: putting together a comprehensive estate plan is the best way to ensure that what you have goes where you want it and that your loved ones are appropriately taken care of. The Law Offices of Christopher B. Johnson can help.
With that logic in mind, let’s take a look at some easy Pasadena estate planning tips you can get started on today:
Take Inventory: Do you know the whole scope of your estate? Start by writing everything down and thinking about what you have and where you want it to go.
Get organized: Credit cards, bank accounts, retirement accounts and a pre-existing estate plan are all things you might have opened at one point but do you have everything organized in case something were to happen to you? Don’t put the stress of searching and organization on your loved ones, get everything together today. This is something that will help in the future and also help you currently. Think of it as a spring cleaning for your estate.
Have conversations: Inheritance and obligations (i.e. health care decisions, taking care of young children, etc.) should not necessarily come as a surprise to the people around you so having an ongoing dialogue with the people that are listed in your will, trust and healthcare directive is important to do before the time comes.
Look into your coverage at work: A lot of people have built-in estate planning options at work that they should take full advantage of. During your enrollment period, make sure you have designated a beneficiary for any life insurance that may be offered and also look at other offerings such as disability contributions. These things are two examples of items that make great financial sense and are already part of your work benefits and may require little or no personal contributions.
Get in touch with an attorney: Whether it is your first time or there have been changes to your life that need to be accounted for, working with an experienced estate planning attorney can make this process easy and ensure that you are putting the estate plan that works for you.
At the Law Offices of Christopher B. Johnson, I am here to help guide you through this important process and answer all of your questions and concerns. Every estate plan is unique and my 20+ years of experience will make you feel confident that you in good hands. Give me a call today to schedule your initial consultation—I look forward to working with you!