Now that the holiday season is upon us, many families will have the opportunity to spend time together. Most people will say that spending time with loved ones is one of the best parts of the holiday season. While families gather this holiday season in the Kent area, estate planning may be a good topic of discussion.
The death of a spouse is a traumatic event in a person's life. Nothing can prepare a person for the tremendous loss of a companion. This is often one of the main events that leads to the creation of an estate plan. For those who are widowers, estate planning is a big deal.
Unfortunately, many marriages in the Kent area do not last forever. When a person gets divorced, it can affect many aspects of their life, including their estate planning. For those who have gone through the divorce transition, it is important to evaluate an estate plan and make sure it is updated for the new period of a person's life.
Many Kent area residents have taken the time to create an estate plan. There are many reasons why an estate plan is essential for all families and we'd like to take the time to review a few important estate planning steps.
Estate planning is not just for the traditional wills and trusts. Estate planning is a process that is constantly evolving with new items that need to be included. One such topic is a new form of currency called cryptocurrency.