The Benefits of Estate Planning
Planning a vacation ahead of time allows for a more stress-free and relaxing time for our loved ones. Why do we not do the same with our estates? Everyone has an estate no matter how big or how little and will be handled by those we leave behind. Estate planning is one way to provide a stress-free life not only for yourself but for your loved ones. Estate planning in simple terms is preparing in advance how you want your assets handled. This could include bank accounts, insurance policies, personal property and financial and retirement investments.
It is important to know that estate planning can be done at any time, not just retirement age. You never know when something will happen and the best course of action is to plan ahead and be prepared. Having an estate plan will help you organize your records and have everything in place for that peace of mind. Attorney Robert Turner and his team can assist with Estate Planning services in the greater Atlanta area.
Estate planning could help with the following:
- Creating a will
- Designating a guardian for living dependents
- Naming an executor of the estate
- Naming beneficiaries on investment plans and insurance policies
- Designating a durable power of attorney
- Making funeral arrangements
- Minimizing taxes owed by you or your estate when transferring your assets
If you do not have an estate plan, the state will step in with their plan for you. Estate planning is your way of protecting you and your loved ones. Remember to review and update your estate plan as your circumstances change over the years. To start your personalized estate plan, contact the team at Turner Law to get started today.
An estate planning attorney can limit your stress because they are experienced professionals with an understanding of the state and federal laws regarding estates. They can consult with you and create a plan for your specific needs and help minimize the complexities of estate planning. If you are in the greater Atlanta area, call Turner Law for a consultation.
Posted on the behalf of Turner Law, LLC