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Why do you need an estate plan?

Many Kent area families understand the importance of an estate plan. But, over 75% of people do not have a will and a large percentage of the rest of the population do not have an estate plan in place. Not having an estate plan puts a person's assets in jeopardy when they pass away. There are many reasons why having an estate plan is important, regardless of age.

Many times, people do not think about estate planning until they are older, retired, and accumulated a large amount of wealth. But, anyone can benefit from an estate plan, including young families and single people. There are aspects of an estate plan that can appeal to everyone. One is to ensure a person's wishes are carried out upon their death. These wishes can include who will receive their assets, who will take care of their children, or who will take care of any pets. Final wishes can also spell out how a person would like their children raised, including religion preferences and other values. An estate plan protects a family by avoiding legal hassles, minimizing taxes, and ensuring a family's privacy.

An estate plan can include many different documents, depending on a family's needs. These can include the classic will or trust, but should also include medical care instructions, funeral desires, and power of attorney documents. An attorney who specializes in estate planning can help a family understand the importance of estate planning and make sure they have the proper documents in place. They can advise their client on what estate planning is needed and make sure their wishes are followed.

Thinking about the end of one's life is not a pleasant topic for many people. But, without a plan in place, families can be left to fend for themselves during an emotionally difficult time. Estate planning is a gift for those left behind and can help ensure a person's wishes are followed if they become incapacitated or pass away.

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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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Kent Office
8407 S. 259th Street
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Kent, WA 98030

Phone: 425-336-2908
Fax: 253-852-0400
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