May We Plan Ahead?

Estate planning is an essential step to make sure your family is protected, your assets are managed according to your wishes, and your voice is heard—no matter what the future holds. It’s not just for the wealthy or elderly. If you own property, have children, or simply want a say in your medical care if you're unable to speak for yourself, estate planning is for you.

Here’s what a comprehensive estate plan can include:

• A Will – Outlines who will receive your assets and who will be responsible for carrying out your wishes (your personal representative or executor). It can also name guardians for minor children.

• A Trust – Helps manage and distribute your assets privately, and often more quickly, than through probate court. Trusts can also offer tax benefits and more control over how and when your assets are distributed.

• Medical Durable Power of Attorney – Specifies your medical preferences if you’re unable to communicate them, and names someone to make healthcare decisions on your behalf called a Patient Advocate.

• General Durable Power of Attorney – Appoints someone to manage your financial affairs if you become incapacitated.

  
  

Planning ahead reduces stress for your loved ones, avoids unnecessary legal battles, and gives you peace of mind. And it’s easier than you might think—with the right support, it can be a straightforward and empowering process.