Estate Planning Series* (2 of 7): Account for the Needs of your Family

Once you have your inventory together, you’ll have a better idea of what is in your estate, so then you will need to think about how to protect the assets and your family once you’re gone.

WRITE A WILL-If you do not have one, put one together—you can contact an Estate Attorney to help you with this or even create one on-line. (Handwritten wills may not be enough or even valid in your state)

BE SURE YOU HAVE ENOUGH LIFE INSURANCE-How much do you need? That depends on factors such as if you are married or if your lifestyle requires a dual income. Life insurance is super important for those individuals who have dependent children.

HAVE CHILDREN? NAME A GUARDIAN-If you have children, it is important to name a guardian and a back-up guardian, just in case, when writing your will. This can help prevent disputes in family court (which could drain your estate assets)

*PLEASE NOTE: 

This article is meant to provide background information and should not be considered legal guidance.

For more about our Estate Planning Team and Services, reach out to us today:

(916) 572-1117 or Mickie.Giacomini@gmail.com