Dying without an estate plan lets the state determine the disposition of your property. At that point, it’s too late for you to help your heirs. For their sake, don’t let that happen to you.
Everyone needs an estate plan.
The term “estate plan” is often misunderstood as referring to a complex set of legal documents created only for the largest of estates. However, every estate, regardless of size, needs a plan. It may be as simple as a will leaving everything to your children, or it may require multiple and more complex documents. A good estate plan should also have a power of attorney for business affairs, as well as a living will, regardless of your age or health.
This is not the time for a cookie-cutter plan.
In preparing your estate plan, take care to review all relevant circumstances – and especially your family’s goals – to ensure the plan is tailored to meet your specific needs. Your assets and goals are unique, and one size does not fit all when it comes to your estate planning
For additional information on this or other estate planning issues, please contact any of the attorneys on DBL’s estate planning team:Back to news