11 Dec Give the Gift of a Completed Estate Plan This Holiday Season
It’s the holiday season. Snow, gift giving, and time spent with family abound. If you’re struggling to come up with a gift idea for your loved ones, consider completing your estate plan. Not only will this gift create peace of mind, it’ll take the guess work out of your final wishes and create a plan for the unimaginable. Read on to discover the benefits of giving the gift of a completed estate plan this holiday season.
Create Peace of Mind
Completing your estate plan is an excellent gift to give this holiday season because it shows your loved ones you care about their peace of mind and that you’re prepared for the future. This is because sitting down with a lawyer and constructing the legal documents needed to create an estate plan requires thinking through many important decisions. Some of these decisions are stressful because they require you to consider the unimaginable, such as if you become incapacitated. Other decisions are more cheerful, such as deciding how you’d like to pass your legacy down to loved ones. No matter what type of decisions you’re making, sitting down with a lawyer to get your affairs in order shows loved ones you care about their futures and want to give them peace of mind. For this reason, completing your estate plan is a great gift idea.
Take the guess work out of your final wishes
Creating a completed estate plan is a good gift to give your loved ones because it takes the guess work out of your final wishes. Estate planning takes the guess work out of your final wishes by enabling you to decide who gets what in advanced. This is an important step to take for your loved ones. As an estate planning law firm, Boyum Law knows nothing hurts a relationship between family members like fighting over a deceased loved one’s possessions. By having the proper legal documents in place, you can ensure your loved one’s relationships don’t suffer when you’re gone. This is because you will have already decided who gets what. Since a completed estate plan prevents potential family fights and relationship damage, it is a good gift idea.
Create a plan for the unimaginable
Another benefit to giving the gift of a completed estate plan is the ability to plan for the unimaginable. Estate planning enables you to create a plan for the unimaginable through the use of a living will, powers of attorney, and HIPPA release. This is because these documents layout in advanced what type of life sustaining care you’d like to receive, who can make medical and financial decisions on your behalf, and who has access to information about your health in the event you become incapacitated. With these decisions made in advanced, your family will not have to worry about making decisions for you. Instead, they can follow your pre-made plan and not worry if they’re making the right choices. For this reason, you should consider giving the gift of a completed estate plan this holiday season.
If you’d like to give your family the gift of a completed estate plan this holiday season, contact Boyum Law here.