How Can I Help With Your Estate Planning?
I am Heather George Myers, an experienced and attentive attorney in Greenwood, Indiana. I represent clients in legal practice areas that touch many individuals and families sooner or later. Estate planning is one of those universally necessary legal matters. Through thoughtful estate planning, you can ensure that:
- Your wishes are respected if you are terminally ill and cannot speak for yourself
- Your chosen close family member or friend will have the legal tools necessary to handle your financial affairs if you become incapacitated
- Your assets will be distributed according to your wishes upon your death
- Your designated beneficiaries will appreciate the advantages that your advanced planning today will make possible for them when the time comes
I often tell clients that estate planning is one of life’s greatest bargains even though you will not receive all of its benefits during your lifetime. You will nonetheless enjoy peace of mind. You will know that your affairs are in order. A sudden health emergency or fatal accident will not throw your family into chaos or crisis.
What questions are on your mind when you think about your will and other testamentary documents? I welcome the opportunity to answer those questions. I am here to set the matter straight regarding myths you may have heard about estate planning.
Dispelling Myths About Estate Planning
Have you heard any of these misconceptions about estate planning? Please think again.
Estate planning is for wealthy people or old people. In fact, estate planning is important for adults of all ages and income levels. Saving legal troubles for your family is even more critical for middle-class and low-income families, who may experience hardships after a death in the family with no will in place.
Estate planning is an expensive legal product. At Heather L. George Myers, Attorney at Law, I take into account clients’ most important estate planning needs as well as their ability to pay. I will not urge you to spend more than you can afford but I am convinced you will benefit from knowing your options.
You can’t take it with you so why worry about an estate plan? Anyone with loved ones should realize the fallacy of this approach to the topic of estate planning. All of us alive today benefit from previous generations’ provisions in different ways. Preparing to simplify things for your family after your death is an important part of lifetime financial planning.
Marriage makes estate planning unnecessary until after the death of one’s spouse. Marriage may simplify matters, legally speaking, after the death of a spouse but every responsible husband or wife should have a will at the very least. I can explain other ways the two of you can prepare for best-case financial scenarios. I will advise you on ways of protecting retirement assets even if one of you needs long-term care, and protecting other assets when one of you passes away. If both pass away in an accident at the same time or one after the other due to illness, an estate plan will surely help your children or other beneficiaries cope with legal and financial matters afterward.
If you don’t have a spouse or children, there is no need for a will or other estate planning documents. In fact, single people with no children often need long-term care before their lives are over. Powers of attorney and a health care directive are part of a complete estate planning “package”. These documents, coordinated with your will and possibly one or more trusts, are powerful tools that can protect you as well as your legacy.
Here To Help You Put Your Estate Plan In Place Affordably And Sensibly
Whatever ideas you have held about estate planning, I urge you to get the answers you need to make the right decisions. This is one area of the law where we take unnecessary and unwise gambles if we leave legal documents in disarray. Talk to me, attorney Heather L. George Myers, and I will explain how I can help you put them in order in a way that makes sense for your unique situation and priorities.