How to Know if You’re Ready for Strategic Planning

  • 6 September 2017
  • Author: IEP Team
How to Know if You’re Ready for Strategic Planning

At Idaho Estate Planning, we offer a variety of services to help you design your Family Legal LifeTM Plan. As each of us progresses through our lives, we have different needs when it comes to this plan, and that's where Pre-Planning, Strategic Planning, Crisis Planning, and VA Planning come into play. Individuals and their families have different needs, and no plan is one size fits all. Similarly, there is no one cut and dried version of Strategic Planning for everyone. 

But, we can make some assumptions about what people need based on their phase in life and what their biggest concerns and priorities are at that time. When it comes to Strategic Planning, we are typically meeting with individuals and couples who are more established in their lives. For example:

  1. Their children are grown and have children of their own.
  2. They are retired or nearing retirement within a handful of years.
  3. They may be in a second marriage and have blended family concerns.
  4. They are starting to think about costs associated with nursing care for themselves or their spouse.
  5. Their aging parents are giving them the opportunity to think about what they want as they are unable to care for themselves.

When individuals come to us for Strategic Planning, they are still in a space where there a number of options for protecting assets and paying for long-term care. We can offer the best options for creating the perfect plan for your family and priorities. Waiting too long severely limits options and can lead to some really tough decisions.

Utilizing many of the tools for your own Legal LifeTM Plan, we can ensure that you and your loved ones are protected in the event of a tragedy, or in the more likely case that you will live to a ripe old age and need nursing care. Either way, you'll want to be in control of what happens, who is involved, and how your assets are distributed and/or used.

If you're nearing retirement and have some basic planning in place (will, advance directive) OR nothing at all, get in touch. We'd love to sit down and have a Right FitTM meeting with you to find out if our team can meet your needs, give you peace of mind, and create a Legal LifeTM Plan just for you.

Categories: Estate Planning
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