Few victories were ever achieved without the help of others—societies would cease to exist if it weren’t for communities working together to furnish protection and continuity for its members.
When it comes to estate planning, it's important to think of the continuity of your loved ones when you’re gone; and in order to do that, you will need to put a community of experts together who understand what your goals are in meeting those needs.
If you’ve been following along on our Legal Life Plan™ series, we’ve taken you through the first two steps of planning by showing you how to Get Real and Get Motivated. If you are just joining us, be sure to refer back to those blog posts—they are the foundation for what you will need to consider when it’s time to “Get Help” with creating an effective plan:
- Assemble a team of professionals. Much like an Olympian who depends on a team of professional trainers to help them reach peak performance, you need a team of experts to help you execute a plan that meets your unique needs. A legal advisor who specializes in estate planning can provide more than counseling and legal documents; they can coordinate a team of specialists to help you navigate specific areas that are often overlooked in the planning process, which we will cover next.
- Address financial, legal, and health needs. Illness, accidents, and death happen to people of all ages.That is why there is more to estate planning than simply assigning your assets when you’re gone. How will you replace your income if you cannot work due to illness or injury? Do you have a guardian in place for minors in your care? Who will take care of you should your health decline? Counsel from experts in these matters can help you address these situations.
- Explore all your options. After navigating the tough questions regarding your financial, legal and health needs, you will need to explore your options. When it comes to your life and legacy, you want to be knowledgeable about the tools and resources available to you. Once you know your goals, your legal advisor can help you map out a strategy.
By doing a simple Google search on estate planning, you will find a myriad of information online. The topic itself can be so overwhelming that people often delay the planning process. Attorney Mark Wight created The Legal Life Plan™ to help you tackle these tough issues and customize a plan that fits your needs. You can find details in his free book, Get Real: Planning for Life, Death, and Disability.
If you’re at a point where you are ready to “Get Help” with you estate planning needs, you are also welcome to contact our office and speak to someone on our team of experts. We are here to guide you through the process and help create a plan that meets your unique needs.