Some people get scared off by the term "estate planning" because they think it sounds like something only the wealthy need to do. When in truth, one of the greatest gifts you can make for your loved ones is leaving instructions regarding your wishes. Not only for after you die, but in case you can't make health or financial decisions while you're alive.
Remember, it's not always about money, it's about planning to make things easier, for the transfer of your assets and if anything should happen to you.
In the past few weeks, an escalating number of clients have hurried to meet by videoconference and phone with their legal advisers.
Mortality is on everyone’s minds. Spurred by the coronavirus pandemic, clients who I haven't touched their legal documents in years as well as prospective new clients, have been reaching out to update their existing estate planning documents, or write new ones.
COVID-19 has caused scores of people to write Wills and make critical estate planning decisions about who will oversee their medical care and finances if they become ill or incapacitated. Yet, more than 50 percent of people age 55-plus do not have a Will or the other key estate planning documents they might need during the pandemic, according to Caring.com.
Many questions are being asked as the coronavirus crisis confronts our communities, raising uncertainty, isolation, and the risk of illness. During this health crisis, we are all concerned with ensuring that we will receive the medical care we need and want.
Here at Tacoma Elder Care we want to provide you with some important tips to ensure you will be prepared regardless of what might happen to you or your loved ones.
The current situation, that has most Americans watching the news every day, is causing them to seriously contemplate their future securities, such as the families featured in this article. Those over 60, considered the most vulnerable, are realizing now might be the best time to get those important documents they know are so important, taken care of.
Bob Michaels is here to help. Bob is working with clients every day as they navigate these challenging times, and he highly recommends you reach out.
“Having a strong estate plan in place will help you know that your retirement will be protected, regardless of what life brings!”
Bob may not be doing public workshops currently, but he is available for free consultations by phone, virtually, or in person at his office in Tacoma. Click HERE to schedule your personal consultation to find out what You need to do to better prepare for your future during these challenging times.
What happens if you don’t have a Will?
Bob Michaels is extremely passionate about providing the best possible legal experience for his clients, and focuses his practice on elder law, estate planning, business, and real estate matters. Bob has been able to provide piece of mind and a solid foundation to many folks in the Puget Sound area over the years and wants to provide resources and relevant information whenever he can. For more information on how Bob can help you and your loved ones through these troubling times, contact Bob to schedule a FREE consultation.
Having well drafted, current documents vital. Not all documents are created equally and are only as good as the words in them. An experienced elder law attorney knows what must be included and ensures you are covered.
As the pandemic continues across the world and reaches epic numbers here in the U.S., it is becoming more important each day that every adult over the age of 40 have some important documents in place. Such as a living will, a health proxy and HIPAA release — at a minimum.
What key steps should you take now?
If the Coronavirus Outbreak Has Prompted You to Get Serious About End-of-Life Directives — We’re Here to Help!
As part of our commitment to helping you make the most of the unusual circumstances during the coronavirus pandemic, the team at Tacoma Elder Care, along with our partners at Smith Alling PS, want to make it as easy as possible for you to experience the peace of mind that comes with proper legal planning.
Referencing a recent MSN article (below), gives several examples of people around the nation who suddenly feel prompted to get going on their end-of-life planning.
We are determined to make it possible for anyone to access our services, even in a time of crisis. This is the perfect time to do some responsible end-of-life planning, which includes preparation of appropriate documents and the advice on how to make sure you have everything in place for your unique circumstances, regardless of what happens.
We are available by phone, email, or via online conferencing on platforms such as Skype or Zoom. Contact us HERE. Don’t wait, get in touch today!