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October 2022

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An estate plan often focuses on property such as financial accounts, jewelry, real estate, and vehicles. However, in this age of technology, it is important to remember to include your digital assets. Planning for your digital assets can help ensure they pass to your loved ones, instead of getting lost in the cloud simply because no one knew about them. Also, by including them in your plan, you can better secure your information and prevent identity thefts. Your digital legacy...

Life is busy and always changing, which is why it is so important to review your estate plan every few years. Maintenance keeps your plan up to date as you continue to go through life and significant changes occur. Already having a plan in place does not mean everything is complete and done forever. If you have children or grandchildren after your plan was made, and you want them protected, your plan needs to be updated to accommodate for them....

In order for an Estate Plan to work, you have to review what is in your estate. What assets do you have? This would include your bank accounts, investments, retirement plans, pensions, home, vehicles, and any other physical or financial properties that you own and would like protected in your plan. About 33% of Americans claim they do not have enough assets to leave to loved ones[1], so they do have a plan in place for the assets they do...

Estate Planning requires you to make decisions about your life and your future wishes. But through those choices you are able to design a plan that will work for your unique circumstances. You are able to choose people you trust to make your financial and legal decisions if you were unable to make them yourself. You are also able to select someone to be in charge of carrying out your health care wishes and final arrangements. Additionally, you can make...

October 17th through October 21st is Estate Planning Awareness Week. We dedicate this week to educating you on the importance of estate planning and why it is so beneficial for you and your loved ones. According to a 2022 study conducted by Caring.com[1], 50% of Americans agree that estate planning is important, and since the pandemic, the amount of 18- to 34-year-old people with estate plans has increased by 50%. Even though more people have started estate planning, 33% of...

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