SimpleWill is an online platform that makes creating a comprehensive estate plan…simple and affordable. Give yourself confidence in knowing you have planned for your family’s future and provided for your loved ones.
No matter how large or small, nearly everyone has an “estate” which consists of everything you own: your car, home, other real estate, checking and savings accounts, investment accounts, retirement accounts, life insurance, annuities, furniture, personal possessions. In addition to all your “stuff”, one should also plan for their incapacity as well as appoint guardians for minor children.
A comprehensive estate plan should address the following issues:
Although initially planning for your estate requires taking a snapshot of a moment in time, estate planning should be an ongoing process and not a one-time event. As your family and financial circumstances change over time, you should review and update your plan accordingly.
Contrary to popular belief, estate planning is not just for retirees or the wealthy. Accidents and other life changing events beyond our control happen to people of all ages and means.
As a matter of fact, good estate planning is often more impactful for families with modest assets because the loss of time and funds as a result of poor estate planning is more detrimental.
For various reasons (and these are numerous), many people delay or simply never engage in any estate planning. Then when something happens to them, their families have to pick up the pieces. Although you will not be around to deal with the consequences, not having an estate plan in place creates additional, unnecessary stress on family and loved ones.