Imagine what it would be like if you were on a sports team that did not have a coach, never practiced and never discussed anything without a game plan. How comfortable would you feel taking the field against your well-prepared opponent?
In many ways, your family is your team and life is the game. Have you taken the time to prepare your game plan?
Did you ever wonder how wealthy people manage to preserve their wealth and pass it from generation to generation? They do so by planning ahead. It’s no mistake and it does not happen by accident. They have a game plan. Having no plan affects everyone in the family. Even single people need a plan. In some ways, because they are single, it becomes even more important to get a game plan in place.
You don’t need to be extremely wealthy to create a game plan. Even if you don’t own enough to owe estate taxes, probate and other fees can take a huge bite. In many ways, the less you have, the more you have to lose. Estate planning simply ensures you and your family have a game plan when it comes to asset management, transfer of money and property, issues regarding children, incapacity, illness and more.
When should you start planning? Today would be a good time to start. Many people postpone estate planning because most of us tend to wait until the last minute to do things. That works much of the time, however, when it comes to estate planning, no one really knows when the last minute is. You never really know when it is going to be game time.
Creating a plan for your spouse, children and other loved ones is not only preferred, but it is the right thing to do. The estate planning process can be enlightening and empowering. Take that first step today by making an appointment for a free consultation. Once you have got your game plan, you can take the field with confidence.
If you belong to a group or organization that would appreciate a free one-hour seminar on estate planning, with no solicitation involved, please feel free to contact me.
For more information, please call 661-295-4610 or email Robert Mansour at Rob@ValenciaLawyer.com .