Estate Planning – Financial Literacy Tip

1024 576 Charles Weeks

Many make the mistake of believing that estate planning is only for the wealthy. In fact, everyone needs at least a basic estate plan. This would include a will, powers of attorney for both medical and financial needs and a living will. As your financial situation becomes more complex you may need additional planning including trusts, gifting and tax minimization strategies. If you have minor children it is imperative you get a will immediately, if you don’t have a will you are leaving it up to the state who will raise your children. When is the best time to begin working on your estate plan? Yesterday…

If you enjoyed this tip you may also like:

If you aren’t currently working with a CERTIFIED FINANCIAL PLANNER™ Practitioner you can learn more about my practice HERE or you can find other CFP® Practitioners HERE.

To get more posts like these follow the UNBROKE Facebook page.


Charles Weeks

Charles Weeks

All stories by: Charles Weeks

This Blog is to promote financial literacy only and you should never consider anything to be specific financial or investment recommendations, please see our Full Disclosure