The new year brings with it new opportunities to get your house in order – and I’m not talking about taking down the tree and holiday decorations. Here are the 6 things you should take care of IMMEDIATELY, before 2017 gets any older:
#1 – Get a Will. The most obvious, and I know you’ve been planning on doing it for years. Don’t be foolish and put it off any longer.
#2 – Name Legal Guardians for your Children. Sure, it won’t happen to you. But what if it does, and you’re not around to decide where your kids end-up after your death? Do you really want The State deciding that?
#3 – Prepare a Health Care Proxy. Only you know how you’d like to leave this Earth if you become incapacitated. Make what could be a very difficult decision for your family an easy one by getting your final wishes down on paper.
#4 – Prepare a Durable Power of Attorney. This may be the most important of all legal documents, as it allows you to decide who can make financial and health care decisions for you when you cannot. Choose wisely – but choose NOW.
#5 – Check all beneficiary designations. Insurance policies, retirement accounts, 401-k, profit sharing plans, etc. all have these designations. Check them today to make sure they are up to date.
#6 – Evaluate your estate assets. You likely have more assets than you think. Estates, especially when investments are involved, can grow rather quickly. Consider asset protection methods, which may include a living trust, so that you and your family members/beneficiaries can maximize what you get to keep as you get older.
Here at the Proskin Law Firm we are dedicated to helping you with each of these steps, providing you with the peace of mind that comes with having all of your personal legal needs and obligations handled prudently and professionally. We’ll walk you through the process, step-by-step, addressing all your questions and concerns.
Give me, Jeff Hines, a call today: (518) 436-0775. There’s no better New Year’s gift you can give yourself and your family.
The Proskin Law Firm: The Experience You Need – The Expertise You Deserve