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Why NOW is the right time to do your Estate Planning
Estate Planning to ease anxiety? Make sure you do it the right way.
By Bluegrass ElderLaw LLC
If we have learned anything during the COVID-19 worldwide pandemic, it is that we do not know what the future holds. Uncertainty may create anxiety in your life. Instead of avoiding the unsure future, plan for it. We do not know what tomorrow will bring, but we can prepare by having proper estate planning, including last will and testaments, living wills, trusts and powers-of-attorney.
Planning will help ease your anxiety.
Planning for the future and feeling you are taking control of an uncontrollable situation can help ease anxiety. The current worldwide crisis has caused anxiety and panic all over the world. One thing that is giving people peace of mind is finally doing their estate planning. After clients sign their documents, they generally feel a burden has been lifted.
You may not even have to leave your house.
Whether it is through a phone call, Skype, Zoom or FaceTime, attorneys are still meeting with clients to address any estate planning needs and concerns. Additionally, the Commonwealth of Kentucky has authorized virtual notarization while we are under a state of emergency, so document signings are possible without any in-person contact.
Documents will be there if needed.
If you fall ill during the pandemic or at another time, you will have documents in place so loved ones can assist with your finances and health care. That’s why our law firm really stresses the importance of powers-of-attorney. Powers-of-attorney allow you to appoint another person to be your agent for certain purposes. (You can read more about powers-of-attorney on our Website, www.bgelderlaw.com.)
Do your planning, but do it the right way.
While we are all being #healthyathome, some of us may be looking into online estate planning. Many think this is cheaper. This is a buyer-beware and a you-get-what-you-pay-for option. While the idea of doing a fill-in-the-blank form is appealing, it will not only fail to address your specific doubts and concerns, it may provide a false sense of security when it turns out it does not address your actual needs. Estate planning should be done by an attorney who knows how to draft documents and help you determine what documents you need to meet your needs and achieve your goals. It is not uncommon for DIY online wills to need extra attention, time, money and court costs when someone passes away. Talk to an estate planning or elder law attorney and make sure your needs are truly met.
Bluegrass Elderlaw
859.281.0048
bgelderlaw.com
120 N. Mill Street, Ste. 201
Learn more about Bluegrass Elderlaw
This sponsored feature appears on page 3 of the 2020 Senior Living Lexington Guide.
To advertise in the 2021 Senior Living Guide, call 859.361.4169
