Estate Planning for Young Adults

Estate planning isn't just for "the olds," you know. It may be even more important for young adults, especially if you have kids. Why?

- Choosing guardians for your children: if the worst should happen and you pass without a will, a Massachusetts court will appoint someone to take care of your children, and it may not be who you would choose. Estate planning gives you a chance to make a considered choice.

- Save your family further stress: with a proper estate planning plan, you can direct how your finances will be handled after you pass. For example, you can set up a trust for the benefit of your children and choose someone you trust to manage the funds. This will also save time, money, and court fees for your loved ones.

- Create a power of attorney and health care proxy: if you are injured or ill and can't make decisions for yourself, you can appoint someone to handle your medical decisions and sign documents on your behalf. This will allow action to be taken quickly without court involvement.

It's not fun thinking about unfortunate events, but it's a conversation everyone should have. Levine Law can offer you guidance. www.levinelawma.com