As the new year begins, many people are thinking about resolutions that can be made for ourselves and our families. While it’s common to consider things like starting a new exercise or diet plan, or picking up a new hobby, there is another resolution that can be even more important: taking care of your loved ones by creating an estate plan.
An estate plan is a way to outline how you want your assets to be managed or distributed in the event of your incapacitation or death. This can include a will, which designates a beneficiary to decide where your property should go. An estate plan can also involve ways to protect yourself financially and determining the right type of plan for your individual situation. Trusts, powers of attorney, and transfers on death are all options to consider when creating an estate plan that fits your needs.
Starting an estate plan can provide financial security for your family and loved ones and ensure that your legacy is preserved in the future. If you have questions about estate planning or need help creating a will or handling a probate case, contact Justice Legal Group by calling us at 505-880-8737. We can guide you in the right direction and ensure that your family is taken care of.