|Wilson, lf Featured in Woman's Day Magazine|
Woman's Day Magazine recently consulted with and featured Wilson, lf in an article noting the importance of getting your affairs in order.
The overall benefit is the peace of mind knowing that you have taken the necessary steps to protect and provide for your family.
Here are the key takeaways:
- Don't procrastinate! Yes, these are hard decisions to make, it may seem overwhelming and expensive, but it doesn't have to be. The worst plan is no plan! Have you thought about what would happen to your family if something happened to you today?
- The Key Documents You Need to Put In Place: Everyone knows they need a will, but that is only one piece of the estate plan (and not the best option for most families who own a home and have young children). You should also have a Power of Attorney, Health Care Proxy, Advance Directive/Living Will, HIPAA Release, Homestead Declaration (in MA), and a Family Trust.
- Take Stock: While it is critical to have your estate plan documents in place, it is also very important to organize your financial assets, instructions, and legacy into an easy to comprehend manual for your family and trusted friends to be able to reference when you are not there to tell them where everything is.
- Choose Your Key People: You need to have trusted family and friends help you and your family if something happens to you. You will rely on them to care for your children, handle your finances, and make medical decisions for you.
Wilson, lf is a family-focused boutique law firm specializing in estate planning located in Andover, Massachusetts and Washington, DC. We help parents like you organize your affairs, in style, to protect your investments and provide for your loved ones. We are so passionate about providing "a plan for every family" that we meet families throughout Massachusetts and DC in their homes or offices and have some evening and weekend appointments available every month for utmost convenience. www.wilsonlf.com