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ESTATE PLANNING ISSUES: HAVE YOU THOUGHT ABOUT?

Dennis D. Duffy · Jun 10, 2011 ·

As estate planning attorneys, we know that youd rather be thinking about going fishing, a trip to the beach, or relaxing on the couch watching the big game. But estate planning issues have a way of creeping into everyday life, for instance, have you thought about

  • Having enough assets to pay the bills if your spouse dies?
  • Who will help you with the kids if youre left on your own?
  • What if you cant make your own medical/health care decisions?
  • Who will take care of your kids if you and your spouse are both in a car crash?
  • Will your kids be taken into foster care if you dont have an estate plan in place?
  • Are you saving all the money you can?
  • Are you properly insured? Are you over insured?
  • Do you have umbrella liability insurance?
  • Are you concerned your sons spouse may take the money you leave him?
  • Who will raise your kids if you cant?
  • Who will get your assets if you dont have your own plan?
  • Do you want to pay for probate?
  • Do you wish to protect your childrens inheritance from lawsuits?
  • Does your mother need Medicaid to pay for long term care?
  • Do you want a living will?
  • How much would it really cost to get an estate plan in place? Whats the cost of not having an estate plan in place?
  • Do you need to update your plan?
  • What if you get divorced?
  • Should you take social security now or wait?

Take a few moments to think about these estate planning issues, then get a plan in place. Then, you can have the peace of mind to enjoy thinking about fun things like fishing, the beach, and the game.

Should you have questions, consult with a qualified estate planning attorney.

  • Author
  • Recent Posts
Dennis D. Duffy
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