As you approach putting together your holiday newsletter as well, this is a good opportunity to reflect back and think about whether or not your current estate planning documents are in line with your individual needs.
Most families are peaceful enough and enjoy being together enough that discussing these options over Thanksgiving dinner is a great opportunity to introduce long term financial goals and plans. Plus, you can think back over any changes in the recent year that might ultimately alter your estate plans.
It is estimated that 93 million American estates will be transferred to someone else between 2007 and 2061. An approximate $59 trillion will be transferred in those estates. Without proper planning, this could create confusion or even conflicts among loved ones.
If you don’t know where your estate planning documents are kept, however, or if you haven’t updated them recently, now is a good time to set up a meeting with an experienced estate planning lawyer in Massachusetts. You can get your questions answered and get the peace of mind that comes with knowing you’ve taken a look at your plans and protected your loved ones appropriately.