New Year resolution – Create An Estate Plan!

Dec 25, 2019Elder Law

The holiday season is in full swing and the year is about to climax. For many people, 2019 will always be a year to remember because of the beautiful memories created. For others, maybe not the best, but at least you lived and learned. But now that 2020 is just a few days, let’s talk about your New Year resolution ideas.

Are you the kind of person who likes to write down their goals at the start of every year? Do you also love to sit back and analyze every one of your goals to see how well you performed at the end of each year? If you are that kind of person, then that’s awesome! 

But if you haven’t developed the healthy habit of planning the New Year by making resolutions, no worries.

Whichever category you fit into, 2020 is yet another great opportunity to hold yourself accountable for how your life turns out. You need to become deliberate about your life and what better way to start than to sit down and come up with a New Year’s resolution?

 

New Year Resolution Ideas – CREATE AN ESTATE PLAN!

What are those ideas you’ve been nursing for a while but never found the will or motivation to do? Now is the best time to think about them and start making provisions for those ideas. 

You see, here at Thomas-Walters Estate Planning, we have built an unrelenting culture of setting realistic goals each year. We understand that goal setting is one of the pillars that help us continue to serve our esteemed clients and help them get it right with planning their future. Creating client-centered goals help us to stay focused on our direction and positions us as estate planning leaders. 

One of your principal New Year resolution ideas should be to create an estate plan. Putting off estate planning is usually an easy option because most people feel its purpose is only for when they die. It’s easy to convince ourselves to believe that it will be a very long time from now.

Another common mistake people make is to think that estate planning is only for the rich and famous. But the truth is that estate planning is for everyone. The benefits are numerous and lots of important things are included in your estate plan such as –

  • Your last will and testament
  • Power of attorney
  • Directives on healthcare
  • Your living will
  • Funeral directives
  • Trust
  • Your children’s guardian if you’re no longer alive

Regardless of your present situation, you need to see estate planning as non-negotiable. Whether you are single or married, divorced or in a relationship, a very young person, the only child, etc., you’ve got a lot to benefit from creating an estate plan. Did you just graduate high school or college? This is the best time to get started with your estate planning and make adjustments over the years.

Create an Estate Plan – JUST DO IT!

Many people delay their estate planning because of their inability to see the benefits. So, reach out to us at Thomas-Walters Estate Planning and we will set up a free consultation to help you understand how starting a plan benefits you.

You can also take steps to speak to your loved ones and friends to get a picture of the kinds of estate planning they have. It would also make sense to do some research to understand the basics of estate planning. 

Do not take the risk of passing away without creating your last will and testament. This automatically means that your final wishes will go unrecognized. What if you develop health problems that make you unable to handle important matters due to incapacitation?

create an estate plan with www.thomas-walters.com

Start the New Year with an Estate Plan

With an estate plan, you’ll experience the peace of mind that comes from knowing that your family will be covered when it’s time to make crucial decisions and you’re no longer there.

Start your new year with an estate plan. Contact us at Thomas-Walters to help you out with that. CLICK HERE

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