What is Estate Planning?

 
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Why?

Today, when we discuss estate planning, we are concerned about planning for two events - our incapacity and death.

*Our Incapacity - being unable to manage affairs on our own - is not certain to happen, but has become more likely with seniors living longer.


*Death, on the other hand, is certain to happen.


So in essence, we need estate planning to designate who will manage our affairs if we are not able, and the management and distribution of our property when we pass away.

 

Or . . .

Stated another way, Estate Planning has to do with designating:

*Who will handle your affairs WHEN (and IF) you become disabled?

*Who will handle your affairs WHEN (NOT IF) you pass away?

*Who will receive your property upon your demise?

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TO LEARN MORE

To learn more about how we address these issues at Westerbeke Law Firm, PLLC, we encourage you to come to a future seminar or schedule a free consultation.