More than 60 percent of Americans don’t have a will or any type of estate plan in place. That means most Americans are going to leave their families a lot of work to do if they die.
The work includes finding documents, hiring lawyers and dealing with the courts to sort everything out, according to a story on kiplinger.com.
In the story, the author suggests the following five recommendations of what to do today to get your estate in order:
* Start early. The process should begin in your 30s.
* Identify key people that you want to include in your plan.
* Consider all your assets and possessions as part of your estate .
* Be specific as to who gets what.
* Share your estate planning documents with your loved ones.
If you have questions about estate planning, feel free to contact us for a consultation at (626) 696-3145.
