At the end of the year, many of our clients reflect on the health and well being of their families. They take comfort in knowing they put together an estate plan to ensure the financial security of their family. However, don’t forget to consider whether your children have their affairs in order. Estate planning is important to people of all ages. If your children have minor children, own their home, have a blended family, or are building their own wealth, they should consult with an attorney about estate planning. Basic planning documents like wills and powers of attorney help your children (even those newly entering the ‘adult’ stage) to be prepared and responsible.
If you are struggling to find a suitable gift for your adult children this year, consider the gift of estate planning. Younger adults tend to avoid estate planning because they think it’s too expensive and not relevant to their lives yet. Many of our clients are choosing to help their children ensure things will run smoothly by gifting them an estate planning package through our office. If this is something you are interested in hearing more about, please don’t hesitate to contact us.
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We wish you and your family a happy and healthy holiday season!