The Steps of Estate Planning
In our last piece, we emphasized the importance of estate planning as the greatest gift you can bequeath to your loved ones, to reduce their stress load during an already painful time. If you’ve been putting off your estate planning, taking the initial steps can be daunting—but liberating. While it may feel overwhelming, ShankerValleau can assist you through every step of the estate planning process. Hurdle #1: Deciding Who Gets What A great first step is to think through what you’d like to have happen after you die. Who are your heirs and other beneficiaries? How much should each receive? …
The Importance of Estate Planning
In this two part series, we’ll review the importance of an estate plan and its basic elements. While estate planning may be a difficult topic, a well-structured estate plan provides a great peace of mind. Whether you need a recommendation for an estate planning attorney or assistance implementing your previously drafted estate plan, ShankerValleau is here to help you ensure your wishes are fulfilled in life and death. Fact: When you die, you will leave behind an estate, and somebody will need to settle it. Your estate may be worth a little or a lot, but there’s no escaping death …
Safeguarding What’s Yours (While You’re Alive)
What tools are available to help you protect your assets in your everyday life? In the following article, we explore ways to make your directives known and assign responsible individuals to carry out your wishes, while you are temporarily unavailable to make critical financial or health care choices. If you’ve documented your desires in advance, it removes stress for everyone, plus the outcomes are more likely to be what you had in mind! One source of confusion over when and how to protect what’s yours is understanding which legal logistics apply during your lifetime, and which don’t come into play …
