Scarborough Law, LLC.

Call Now For A Free Case Evaluation

(844) 329-6469

Scarborough Law, LLC.

Before we meet with you, we’ll send you a checklist asking you important things about your life and your wishes. A list of your assets including bank accounts, retirement accounts, and investment accounts is absolutely essential. We need a list of everything you own, including your tangible personal property. In addition to that, we want to know what your priorities are, what is most important to you about how your estate is going to be divided, and how your children are going to be cared for after your death. We want to make sure that someone who may be a stranger to the family does not get custody of your child and that your assets are protected for your children or heirs.

Is It Advisable To Share Details Of An Estate Plan With Family Members Or Other Heirs?

The extent to which people share estate information with their family is a personal decision. We recommend that if you have a will based plan, at least your heirs know where to find it. If you have minor children, you’re going to want to speak to the guardians and let them know you’ve designated them as either short-term or long-term guardian. If you don’t have minor children, then whoever is going to be the trustee or executor of your estate is going to have to know whether you have a will.

Someone has to know that you have an estate plan, that you have a will, and that you have a trust in place, and someone needs to know where your assets are or where to find that information. Beyond that, the information you choose to share is between you and your loved ones.

Is Putting Together An Estate Plan An Expensive Process?

Putting together an estate plan is much less expensive than the cost of not having an estate plan put together when you die. The cost of an estate plan is marginally expensive. It’s not expensive to have an estate plan, but it’s very expensive to not have an estate plan when you pass away. If you invest money now to establish an estate plan, you avoid a lot of chaos, confusion, and court costs later for your family. The best way to keep your family out of court and conflict is to establish a simple and effective estate plan today.

For more information on Consultation With Estate Planning Attorney, a free initial consultation is your next best step. Get the information and legal answers you are seeking by calling (844) 329-6469 today.

Scarborough Law, LLC.

Call Now For A Free Case Evaluation
(844) 329-6469