By Matthew A. Ferri, Esq. While the last year of our lives has been an eventful ride, the new year brings new possibilities. A great way to start the year off on a positive note is with New Year’s Resolutions. We think of our goals for the year, what improvements we want to see in ourselves, and how we can be better than ourselves in the years past. Resolutions can vary from eating healthier to traveling the world, but only about 8% of people keep them all year long. So how do some stay committed to the resolutions they make? Resolutions are the most successful when they are personalized and organized.
Let’s make a New Year’s Resolution we can work on together….estate planning!
Estate planning involves some of the most personal questions you can ask yourself. Selecting who you would have step in and handle your financials in the event you were incapacitated; who would make your health care decisions if you couldn’t care for yourself anymore; what kind of care you would like to receive; who you would want your things to go to after you pass; whether some of your beneficiaries need extra protections in place. Proper estate planning makes sure you have taken all these questions into consideration among many more. You know your situation best, and therefore, what would be the best course for you and the loved ones you put in charge after you. For the plan you put into place to work how you want it to and effectively it needs to be personal.
All the considerations and making sure your plan is set up in a way that will accomplish what you need seems overwhelming. But, it’s not something that has to be done alone, and shouldn’t be. Work with an estate planning professional to stay organized so all the steps of putting a complete plan in place are achieved. A professional can make sure you’re plan has proper protections and that it works according to federal and state laws. Futher, having an attorney that focuses solely on estate planning and elder law needs can help you successfully maintain a plan, so it continues to work for you throughout the changes in your life.
To learn more about how your plan can be personalized, and how we can help with your estate planning resolutions, we offer complimentary initial consultations. Contact our office at (248) 409-0256 to set up an appointment.