National Estate Planning Awareness Week

Did you know that National Estate Planning Awareness Week is October 19-25, 2020? Coincidentally, estate planning is often forgotten. Over 50% of Americans do not have an up-to-date estate plan! An estate plan is an important tool to protect your family and loved ones when the inevitable happens. A common fallacy is that you only need an estate plan if you are wealthy or have considerable assets. In fact, all adults need an estate plan. For parents (especially blended families) an estate plan is a crucial tool to communicate your final wishes for your children, to protect your children’s assets and to appoint someone to care for your children in the event you are unable to care for them.