I’ll admit it. There are some things I never thought about before I had kids. Like how school districts work, how terrifying the mall Easter Bunny really is, how useful wipes are for everything, and more seriously, how I needed a plan for my kids in case anything ever happened to me and my wife. That last one isn’t fun to think about; it’s a heavy topic.
If something happened to us, would our kids be taken care of? Who would be in charge of them? Who would handle our insurance? We aren’t rich, but there is a lot more than money to consider when planning for the unthinkable. But we weren’t really sure where to start.
If we died, would we trust the government to properly disperse our possessions and place our children in the right home? No, we do not. More important than the allocation of insurance money or personal goods, we are very concerned about what would happen to our children. It is our duty to take them to the dentist, teach them to look both ways before crossing a street, and generally make sure that they have what they need and are cared for… part of that includes having a plan in place for them if we were no longer around. For us, it wasn’t an option, it was a necessity as part of being a parent.
Admittedly, we procrastinated a little bit, not wanting to consider the possibility of passing at a young age. It was something we often discussed on the to-do list, and one that carried a lot of weight, but then would get pushed aside. We finally decided to get serious and started looking around for a law firm that could handle our needs, and I am so glad we did.
It is a bit of an intimidating conversation to have with attorneys. After reaching to a few different firms, we found The Finity Law Firm. They ‘spoke our language’ and thoroughly explained our options and understood our specific situation. In fact, our free consultation was so good that we knew our readers had to hear from the experts that had made it so easy for us!
Watch the video below (or click this link!) of our conversation covering popular misconceptions, the different ways to make a plan, and popular FAQs.
Death is sometimes hard for people to talk about and plan for but that doesn’t mean we should avoid doing so. Imagine leaving your loved ones behind, struggling with the logistics of your estate or lack thereof and spending your hard earned money on the probate process.
One of the big things I didn’t know about was probate. If we die without a legal plan in place, our estate will go through what is called probate. This costs thousands of dollars and delays the distribution of our assets by months or even years. It also leaves anything uncertain up to the courts to decide- like distribution of assets or childcare. With a living trust and last will and testament, our wishes will be followed immediately and without cost, saving our families additional stress, conflict, or financial burden.
For me, it comes down to needing a plan, and putting that plan in place. Knowing what we wanted to happen was pretty easy and with the Finity Law Firm documenting it became easy too. I am so glad that we finally acted and have the peace of mind that comes with an estate plan.
You can start your estate plan with three easy steps:
- Discuss your wishes as a family.
- Begin by listing your assets out and who you want to get them. If you have minor children, you should consider primary guardians and secondary guardians. Additionally, you will want to choose backups for personal representatives, trustees, health care surrogates, and powers of attorneys.
- Download this FREE estate planning guide for more information.
- Set your FREE consultation with The Finity Law Firm today:
- Call: (407) 636-4066 or send an email!
- Let them know you heard about them through Momlando for a friends & family discount on your estate planning services!
This post is sponsored by The Finity Law Firm, an organization whose mission we love. We are proud to partner with companies that provide such incredible services to local families. Thanks for supporting companies that support Momlando.
