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If Your Will Was Read Today...Would Your Intentions Be Clear and Up to Date?
Talk It Out Discussing financial information with your family may be difficult, but sharing your plans now avoids misunderstandings later. Jane
and Jerry completed their first wills many years ago when their two
children were young. Now empty nesters, Jane and Jerry are happily
looking forward to retirement. Part of their plan for retirement was
meeting with their attorney to update their estate plans.
Recently, on the drive home from work, Jane was involved in a serious
car accident that put her in the hospital for more than a week. The
children, now old enough to speak frankly with their parents, asked
their dad if he and their mom had up-to-date wills. Jerry was able to
share with them that he and Jane had recently updated their entire
estate plan, including their wills. They also had the proper paperwork
in place if Jerry needed to make medical decisions on behalf of Jane
while she was in the hospital. Knowing that their parents had
an updated estate plan gave the children peace of mind and allowed all
of them to focus their energies on helping Jane recover.
Read more about getting your estate plans in order.
Copyright © The Stelter Company, All rights reserved.
The information in this Web site is not intended as legal advice. For
legal advice, please consult an attorney. Figures cited in examples are
for hypothetical purposes only and are subject to change. References to
estate and income tax include federal taxes only. Individual state
taxes and/or state law may impact your results.
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