It is estimated that less than half of Americans have an estate plan. To increase awareness about the importance of estate planning, Congress adopted National Estate Planning Awareness Week in 2008, which is observed annually during the third full week of October.
Why is estate planning so important? On the most basic level, it allows you to take complete control of your affairs and protect your assets now and in the future. For example, proper planning ensures your hard-earned assets will go to the people you want, when you want, in the manner you want after you pass away. Estate planning can also ensure that people you trust have the authority to make financial and medical decisions on your behalf in the event of incapacity.
Depending on your particular needs and goals, estate planning can help you accomplish a great deal more, including:
Ultimately, estate planning gives you the peace of mind that comes from knowing you have a plan in place for whatever the future may hold.
In honor of National Estate Planning Awareness Week, we are offering free consultations throughout the month of October. You can meet with us in-person at our office or virtually via Zoom and other platforms. Let’s talk soon.
Call (248) 792-9193 or fill out the short form below. We will usually respond within 1 business day but often do so the same day. Don’t hesitate, your questions are welcome.
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The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.