The holidays are a time for food, friends and most importantly—family. Give thanks this November by making sure your loved ones are protected. Without a valid plan that clearly defines your wishes, what happens to your kids and your assets, could be left to California state law. Take steps now to ensure your loved ones are protected.
Ways to plan ahead:
Last will. Designate how you want assets divided
Living trust. Maximize what you can pass on by avoiding probate and control what happens to your assets
Advance Health Care Directive. Be in control of decisions regarding your health
Power of attorney. Decide who will be in charge legally and financially if you become incapacitated
Kids Protection Plan. Put a family emergency plan in place and name guardians for your minor children
Darlynn Morgan is an estate planning lawyer at Morgan Law Group, a unique law firm that she created to truly make a difference in the lives of her clients.
She’s really good at making it easy for your family to talk about and plan for tough subjects like money, death and taxes. For more, you can Follow her on Twitter , Friend her on Facebook or check out her Blog. If that’s not enough, you can also find her on Linked In or Avvo.