Why Estate Planning Is So Important
Estate planning isn’t just about preparing documents. It’s also about the peace of mind that comes from knowing your loved ones will have your guidance when making tough decisions during difficult times. By putting an estate plan into place now, you can lessen the burden on your family and ensure harmony among family members by having a plan for you and your estate. You can also protect yourself by designating trusted individuals to act on your behalf in the event that you become incapacitated due to illness, aging or injury. And, you can spell out your wishes regarding end-of-life care so your loved ones won’t have to guess.
For trusted guidance on any aspect of estate planning in Washington, contact Kathryn D. Resnick, Attorney at Law. I’m lawyer Kathryn Resnick, the firm’s founder. I apply nearly two decades of legal experience to help clients put into place the right estate planning tools. I’m passionate about helping them prepare for the future so they can live life to the fullest.
What To Know About Estate Planning
Multiple legal documents may go into an estate plan. The most common include:
- Wills: A simple will assures that your loved ones know how you would like your assets and possessions to be distributed. Even families with small estates benefit from the guidance of a will.
- Trusts: There are numerous types of trusts. A living trust can help you avoid probate, sparing your loved ones the headache and hassle.
- Community property agreements: These agreements can be crafted to safeguard your assets in the event of divorce.
- Living wills (health care directives): This document makes sure that loved ones clearly understand how you want any end-of-life issues to be handled by medical professionals.
- Powers of attorney: This tool allows a person you assign to make decisions for you and manage your assets and debts, in case you become incompetent or incapacitated.
When you work with me, I will help you put the right tools into place for your situation and wishes.