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It's important that families plan for the unthinkable


Every day someone in the Kent area is killed in an accident or dies from an unexpected or tragic illness at a young age. No one expects to die early or unexpectedly but we all know families who have suffered from this tragedy. If a family plans ahead for this event with estate planning tools -- like a will -- it can help make an unexpected death more bearable.

When a person dies there are some important things that need to happen. This is a tremendously emotional time for families so planning ahead is critical. Families should take the time to grieve and not to worry about where to find all of the important paperwork. There are many important documents that family members need to know where they are located. These include wills and trusts, power of attorney, letters of instruction, list of bank accounts, attorney, financial planner and accountant names, life insurance policies, tax returns, investment and beneficiary information and retirement plan information. Copies of marriage licenses, birth certificates and veteran's papers are needed to settle an estate. Family members also need to know how to open a safe deposit box and the combination to the safe.

Besides a death, a serious accident can affect a family. If a family member is injured in a serious accident or suffers a serious medical condition a list of prescription medications they are taking is important. Also, information regarding checking accounts, savings accounts and how the bills are handled is information both spouses need to know about.

Planning ahead for the unexpected is smart for both estate protection and stress reduction for family members left behind. An attorney skilled in estate planning can help a family draft important estate documents and establish a peace of mind for families.

Source: postcrescent.com, "Plan ahead to reduce stress on loved ones," Scot Madson, Feb. 13, 2016

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To speak with an attorney at Gellner Law Group about estate planning, probate, trusts, wills or tax controversy, contact our law office in Kent, Washington, today. You can call 425-336-2908 or send us an email. We provide representation across the entire Seattle-Tacoma metropolitan area.

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