Do you have a will? Do you have life insurance? Have you regularly put off these decisions?
End of life issues are difficult. Earlier this year, Forbes issued a good article (http://www.forbes.com/sites/investopedia/2012/02/23/5-estate-planning-tips/) citing the following five estate planning tips:
- Declare Who Gets What
- Choose How It Should Be Spent
- Minimize Estate and Income Taxes
- Offset Taxes with Insurance
- Work with an Estate Planning Team
We have attorneys who are capable and willing to discuss arrangements to best protect your family during times of need. Chad Cochran drafts wills, powers of attorney, and living wills for clients who desire to protect their family’s financial interests and provide legal guidance to health care providers should difficult situations arise. Nan Hannah regularly speaks to organizations throughout the South concerning issues such as winding down your business at the end of your career, arranging long-term care, and how to best retire with dignity.