Everyone Needs an Estate Plan… Even You!
So, what’s your reason for not planning?
“I don’t have enough assets.”
Estate planning is not only about passing on your “stuff.” It’s also about making decisions now in case you’re unable to in the future: Who will make your healthcare decisions if you can’t do so yourself? What will those decisions be? Who will take care of your children? What values do you want them to have?
I’ve also found that once my clients sit down and make an inventory, many realize they have more assets than they had previously thought, especially when they consider life insurance and retirement accounts.
“I don’t have children.”
While having kids is a strong motivator, it’s important to have a plan in place even if you don’t have children. After all, you still have loved ones you may want to support and a legacy to pass on. And you need to designate who will make financial and healthcare decisions on your behalf should you be incapacitated or otherwise unable.
“I did a will a while back, er, I think.”
Maybe that will on the bottom of you fireproof safe does still reflect your goals. If your life hasn’t changed much, and neither has the law, then you could very well be in the clear. The only way to know is by digging it out, reading it, and checking with state law.
“I don’t have time.”
If you live in Colorado, there are much better ways too spend your precious free time than meeting with an attorney.
But consciously and mindfully directing you and your family’s future is important. So please, don’t let a busy schedule interfere!
If you’d like to schedule a no obligation estate planning consultation, contact us here or call 720-588-9830.