Estate plans are necessary for all ages. Having an estate plan puts your mind at ease since you know your assets will be in the proper hands. It is impossible to predict when you may need documentation to ensure the proper disposition of your assets.
Estate plans also do not necessarily have to
involve death. For example, a special needs trust is a special type of plan for a loved one who needs extra care. Estate plans when drafted effectively also avoid issues with probate, which can save time and money. An up-to-date estate plan is also important. A good rule of thumb is to update your estate plan following every major life event.
Call Koller & Meador to take care of all your Estate Planning needs.