Estate Planning
Who should have an estate plan?
Any individual or couple with meaningful assets who wants to direct where those assets go upon death should have an estate plan. The thought of estate planning can be overwhelming for couples and individuals alike. There is a lot to think about as families change and tax laws are revised every few years.
The term “assets” can include a home, other real estate, investments, or other financial accounts. Assets can also include automobiles, jewelry or artwork, and other items of value.
Essentially, anyone who answers “yes” to these three questions should have an estate plan:
- Do you have assets?
- Do you want to choose which individuals or charities receive your assets?
- Do you want to choose a trusted person to handle your estate when you pass?
It is important to have an estate plan to ensure your intentions are properly communicated with regard to how and when their holdings are distributed. Witcher & Stewart welcomes the opportunity to discuss your estate planning needs. We work with lawyers experienced in estate plans for couples and individuals of all ages and with unique needs.
