Consider Your Estate Plan To Be Finished?

 

Consider Your Estate Plan To Be Finished?

You might believe that your estate plan is complete if you are one of the minority of US adults who has created a will, living trust, and other end-of-life documents. However, you might wish to reconsider. A live set of documents, an estate plan should be routinely updated and reviewed. Even if you are careful to update your estate plan over time, there may still be details that you have overlooked.

Your estate plan depends on other people, including beneficiaries and authorized decision-makers. It’s crucial to think about both what could happen to them and what could happen to you. You might have forgotten about other elements of your estate strategy as well. Even the best-laid plans might fail, but paying attention to the smallest details can enable your ultimate wishes be carried out.

Making decisions

  • A well-considered estate plan includes a number of people you name to carry out your stated desires. They consist of:
  • Personal representative: The person you designate to manage your estate following your passing through the probate procedure.
  • Trustee: The person you designate to oversee the assets and finances of your trust
  • Guardian: A person to whom you assign legal custody of your children, including grown children who are incapable of caring for themselves.
  • Power of attorney agent: A designated person with the legal ability to manage your medical or financial affairs if you are unable to do so yourself

Planning an estate doesn’t have to be difficult or expensive. Can you really afford to leave things to chance — or the government — especially when you consider the possible expenses of not having an estate plan? If you already have paperwork in place, you need backup plans to take the unexpected into consideration. Revising an estate plan to include backup decision-makers, pet sitters, contingent beneficiaries, disaster clauses, and anything else you might have forgotten is worth your peace of mind.

Our estate planning lawyers will make sure that everything is taken care of. Make an appointment with us right away by dialing (801) 618–0699.

Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.

Estate Planning Free Consultation

If you have any questions or in need a Estate Planning Lawyer, we have the Best Attorneys in Utah. Please call this law firm for free consultation.

We help you with Estate Planning, Wills, Trusts, Power of Attorney, Health Care Directive, Estate Administration, Probate and More

When you need a Lawyer, contact this law firm:

Parklin Law

5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618–0699
https://www.parklinlaw.com/

Parklin Law

Free Consultation for Estate Planning, estate planning attorneydurable power of attorneyestate planning attorney near…

parkin-law.business.site

https://dailydivorcelawyerutah.com/consider-your-estate-plan-to-be-finished/

Location: West Jordan, UT, USA

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