Estate planning can be an uncomfortable process; it requires thinking about illness and death, which most people prefer to avoid. This is unfortunate because preparing an estate plan usually proves to be an unexpected source for relief. What the future holds will always remain uncertain, but planning allows for some sense of security amidst the unknown. Estate planning assures that your wishes will be carried out should you fall ill or pass away, and greatly minimizes the burden upon your loved ones as they work through those transitions. So, while the process of estate planning may be uncomfortable in the beginning, in the end it provides nothing but relief. There is simply nothing more comforting than knowing that you have taken care of your loved ones.
The purpose of estate planning is to create a set of instructions that will be followed in the event of illness or death. Unfortunately, many people avoid estate planning because they believe it is only necessary or worthwhile for the wealthy. This is simply not true. Planning is of benefit to everyone because: (1) anyone can become ill, (2) assets of any measure are worth protecting, and (3) everyone’s future goals and last wishes are important and unique.
Once you have decided that you would like to create an estate plan, the next step is to find an attorney to assist you. The fact of the matter is, while many attorneys prepare estate plans, not all estate plans are created equally. A qualified estate-planning attorney will have an extensive experience in administering estate plans, which is necessary to understand exactly how your plan will function in the future. Additionally, they will take the time necessary to:
- Gain a comprehensive understanding of your specific needs and goals;
- Help you understand the different contingencies that must be planned for;
- Explain the benefits and drawbacks to each of your estate-planning options;and
- Create an estate plan that will accomplish all of your individualized goals.
At Bodycombe and Associates, our attorneys have years of in-depth experience in planning and administering estate plans. They will take the time necessary to make sure that your interests are protected and your individualized estate-planning goals are met. As our client, you will rest easy in knowing that your individualized estate plan will function just as you intend, at the exact time when it is needed.
If you would like to learn more about estate planning, feel free to visit our webpage Estate Planning FAQs, and the “Estate Planning Information”, “Trust Information” and “Wills & Beneficiary Designation Information” sections of our Resources Page where you will find additional information relating to:
- The purpose behind planning;
- The reasons why you should plan;
- How you can save money;
- About avoiding probate;
- About preparing an estate plan;
- How you can get started.
If you have any questions or would like to move forward with preparing your own estate plan, please feel free to contact our office at (614) 777-4600 to set up an appointment with one of our attorneys for a free ½ hour initial consultation. To provide more efficient planning services, we would also ask that you complete the following questionnaire for your appointment, so our attorneys can specifically tailor your estate plan to accomplish all of your individual estate planning goals: