The Economy, You and Your Estate

What does the current state of the economy mean to you? How will the economy effect your estate plan? This is the perfect time to revisit your estate plan. More than likely changes are warranted. If you have not done an estate plan, a will or powers of attorney, then you leave your family's future to chance. There may not be many things for certain at this time but one thing you can take to the bank, if you bank is still around, is without a plan of your own, your family suffers. If you want luck on the side of your family's future then plan now. Should you become incapacitated, your family is more prepared to handle your affairs. When you die, your family is more prepared to deal with the financial impact of your death. This economy has us all being more cautious and reflective of our circumstances. Talk to an estate planning attorney today!! You may be able to protect the assets that you have for the future you want for your family.

FOURTH of TEN Hot Estate Planning Topics

FOURTH, the General or Financial Power of Attorney serves a critical function in estate planning. As many realize, estate planning is not just about organization your affairs in preparation of our eventual death. Estate planning is about life planning and preparedness. When you need to have someone act on your behalf, you want to have all the documents in place to allow them to do so. When you are in need, it is too late to prepare documents. The cornerstone document that is on everyones' mind is the General Power of Attorney. It allows you to name your agent and provide for the powers such agent will have if you become incapacitated. Without it, your affairs will be devastated. That is why everyone if being encouraged by their love ones, friends, colleagues, brokers, bankers, attorneys, realtors, butcher, baker and candlestick maker to get their affairs in order now, starting with the General Power of Attorney. Have you been told? Just as important, have you told someone? Here is an opportunity. Blog here to encourage someone to act today!!!