While estate planning is important to all families, it is crucial to young families. In this video K&G partner Bernie Greenberg discusses why.
Many articles have been published about the gift of estate planning. In fact, it is one of the most important gifts you can give to your family and loved ones. A well crafted estate plan represents part of your legacy and how you will be remembered. How you would like to be remembered when you are gone and does your estate plan reflect those wishes?
Why can estate planning be such important gift for your family? Consider these benefits your family receives from your well thought out plan:
1. Protection for your spouse from creditors and predators. Are you leaving a plan which exposes your spouse to risk or protects them?
2. Protection of children from the over indulgence of youth, protection from creditors and protection against predators. Does your plan for your children provide these protections?
3. Inclusion of grandchildren or other family members who are disabled. Such issues should be considered in every plan. Are they addressed i yours?
4. Asset and probate planning. Do your assets create problems and are these issues addressed in your estate plan?
5. HIPAA compliance. Protection of your health information is important in our electronic age. Is your entire plan and all documents HIPAA compliant? If not it needs to be.
6. How recently have your reviewed your plan? Plans older than 5-7 years may create unexpected traps and negative results for your family. Has your plan been reviewed recently?
Does your current plan provide these benefits to your family? Now you know why estate planning is one of the best gifts for your family not only at the holiday season but also year round.
Decades before legalzoom existed DIY estate planning did. It’s no better today than ever due to mis-information on the internet and the desire of people to avoid lawyers. Here are several reasons (among many) to avoid harming yourself and family with a DIY plan.
A. DIY Planning is more expensive than working with an estate planning specialist.
When you factor in the separate charges that all DIY solutions charge per document, no DIY solution can price match a real estate plan. Remember that DIY planning is not real planning. You are substituting someone else’s document for your own. There is no design or drafting particular to your family. How can it make sense to pay more and get less? It doesn’t.
B. DIY plans are traps for the unwary consumer.
All DIY plans share this trait: they are not tailored for you. They are designed to apply to a wide swath of people none of who are you! This is true of all online planning documents. Remember none of these are prepared for you by a qualified estate planning specialist.
A current example is that almost every DIY plan is NOT HIPAA compliant. If the plan or any of your documents are not HIPAA compliant your plan will fail.
You are responsible for yourself and family. You will make the decision. Should you pay more to get less or even faulty documents that don’t work? OUr recommendation is to properly protect yourself and family by working with a qualified estate planning specialist attorney or lawyer on your estate planning, will, trust and other documents.
We help families succeed. 303-688-3535
K&G partner Bernie Greenberg receives the highest honor from Martindale-Hubbell, the 2019 Preeminent Award, Judicial Edition.
K&G is an AV rated law firm and Mr. Greenberg has held an AV attorney rating for 30 years. The AV rating is the highest rating any attorney can achieve from a peer review ratings agency.
Congratulations Bernie Greenberg!
Are your businesses documents complete? Are they current? Are they compliant with new laws? If you don’t know you could be in serious trouble. Call 303-688-3535 today to schedule your business documents review with one of our expert business lawyers.
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Kokish & Goldmanis is pleased to announce the addition of three outstanding new lawyers to the firm. Greta Suneson and Karen Shirley have joined the firm’s estate planning department and Andrew Birkeland has joined the firm’s civil litigation department.
Welcome Greta, Andrew and Karen!
We are pleased to announce the launch of our firm’s page on Facebook! There are millions of people who use Facebook daily to communicate with others. The Kokish & Goldmanis, P.C. Facebook page is an extension of efforts to communicate with you on a variety of legal topics.
You can find the Kokish & Goldmanis, P.C. page on Facebook by clicking here and we encourage you to visit often as there will be interesting material about family law; divorce; business planning; estate planning/wills and trusts.
Also, we are interested in your feedback. Let us know what you think about our Facebook page and if you would like to see anything covered there. We also encourage your feedback about what you read here on the Kokish & Goldmanis, P.C. blog or our website as your comments help us to know what interests you.
As attorneys practicing in Colorado, Douglas County and the Castle Rock areas, knowing what interests you allows us to discuss topics that are relevant to you in our legal practice areas. We look forward to hearing from you!
Kokish & Goldmanis, P.C.
Did you know that most people will spend more time each year planning their vacation then they spend their entire lives planning their estate? It’s true and it is also dangerous for your family and hazardous to your money. In this radio interview, Kokish & Goldmanis attorney, Bernie Greenberg, discusses how planning your estate can save your family immeasurable heartache and literally thousands of dollars.