Is estate planning on your New Year’s resolutions list?
Ahh, the new year. A time to look back on the previous one, assess what went right, what we could do better and set our New Year’s resolutions for the coming year.
As you’re going through this annual ritual – and looking at the usual suspects (spending additional time with family and friends, exercising more, saving money, reducing stress, learning something new) – maybe it’s time to consider adding another one to this list.
Estate planning may not be as popular as other New Year’s resolutions, but it can have a longer-lasting impact on you and your family.
There are several reasons why you may be hesitant to add this to your New Year’s resolutions list. Do these sound familiar?:
“I don’t know where to start.”
“We can’t afford an estate plan.”
“All of the estate planning options are confusing. Do I need a will, a trust, a power of attorney, something else?”
Fortunately, it’s never been easier to start estate planning, get a plan that fits your budget and customize one for your needs. Ready to begin? Here are some of our most popular blog posts to help you learn more about estate planning and how to get moving (and you’ll sweat less than training for that first 5K).
Estate planning blog posts
4 (and a half) tips to get organized for your estate plan
Preparing to create your first estate plan can be daunting, especially if you don’t have an attorney. Follow these tips to get organized and start the process.
5 common estate planning mistakes: Avoid the “nots”
Considering a will, trust or other type of estate plan? This can help with peace of mind – but avoid these common estate planning mistakes.
5 tips for an estate plan that doesn’t break your budget
Estate planning doesn’t have to be expensive. With a personalized plan, you can find the sweet spot, covering your needs while working within your budget.
What’s included in a will?: Understand the 4 common parts
A will is an important estate planning document. To be more prepared and get the most out of yours, it helps to understand the common parts.
Do you need a trust?: Learn the key terms and types
A trust creates a new legal entity, which gives you and your loved ones the ability to hold on to assets longer. Learn about the key terms and types.
Michigan’s power of attorney process has changed: Understand the new law
Michigan’s power of attorney laws changed recently, helping to standardize the process and introduce new protections.
Understanding advance directives (and why they matter)
Advance directives allow you to express your future healthcare wishes – in case you can’t speak for yourself. Learn about the common types and how to set one up.
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Buzz Suuppi
Buzz started The Plan Firm for his family, which is everything to him. Every member of his team is committed to providing effective estate planning and related solutions for families in St. Clair County, Michigan.