The week of October 21-27, 2013, is the fifth annual National Estate Planning Awareness Week, established to help the American public learn how to establish an estate plan and keep it up to date.
Managing one’s finances properly is more important than ever, but most Americans do not have an up-to-date estate plan in place to protect their financial future. Many people assume that because they are not wealthy they do not need an estate plan, but that is not the case. An estate and retirement plan can ensure that one does not have to rely on Social Security retirement benefits alone. Proper advance planning can make issues such as long-term care or paying bills in the event of an illness or disability much easier. Estate planning tools such as trusts can provide tax advantages and ensure that you leave the best possible legacy to your heirs.
To learn more about our estate planning services, visit http://www.elderlawnewyork.com/estate-planning/.