4 Reasons Why You Should Meet With an Estate Planner Sooner Rather Than Later

Estate planning is something most people dread but it is better to meet with an estate planner sooner rather than later. We cover why in this article.
Estate planning is something most people dread but it is better to meet with an estate planner sooner rather than later. We cover why in this article.

The COVID-19 pandemic caused an increase in the number of 18-34-year-olds that have a will or estate planning document of any kind.

Have you ever worked with an estate planner? How do you find an estate planner in Delaware? In what ways can a certified estate planner help you with this process?

Health can change quickly and it is important to have the right legal documents in place for your loved ones.

Keep reading to learn about the reasons that you should meet with an estate planner sooner than later:

1. It Can Benefit You While You’re Living

The term estate planning can cause you to immediately think of life after you pass. While this is the overall purpose, it can have benefits to you while you are alive.

If you unexpectedly get into an accident and cannot make medical decisions of your own, your medical team will know how to proceed and who to consult if there are documents in place for this type of situation. Planning could help you get the care that you need and your power of attorney can make the decisions in your place.

2. Your Estate Planner Can Help Guide You

No one is ever truly ready to plan out the end of their life but we are here to help. Regardless of age, this is a choice you are making for your loved ones if anything happens to you.

We take care of all of the documents associated with estate planning and guide you along what needs to be done for this process. It can be stressful but is a much more enjoyable situation when there are professionals to help you.

3. You Can Provide Security for Your Family

Future generations can gain immense security through this process. Simply the financial assets can make a life-changing difference for your children or grandchildren. If you pass when you are young, or unexpectedly, the financial or medical bills could add up.

Leaving your family with clear instructions after you are gone can also alleviate any family fights over what to do with your estate.

4. Avoid High Taxes Later On

The low tax burden when transferring your assets to your beneficiaries is a big benefit of having an estate plan. The tax laws are always changing and it is important to consider what giving them property or an estate may do for their tax situation.

This is something that they won’t consider until they have to pay in and will be thankful if you can lessen this burden ahead of time.

Schedule a Meeting Today

Now that you have read more about the reasons that you should meet with an estate planner sooner than later, you can schedule a meeting today. This extremely important matter can be taken care of and not add stress to your life any longer. Visit our website for more details and check out our video blog.

Black Diamond Financial Mark Vector

Request a Free Meeting with a Black Diamond Financial Advisor

Give us a call
(302)265-2236

Explore Our Recent Resources

Emotional Decision Making 1000x592px
Investment Planning
Keri

The Positive Side of Emotional Decision Making

Rational investors make better decisions—or so the thinking goes. However, new studies show that rational thought and emotions are both necessary to cut through the details, focus on what’s important, and get The science of economics has long been based on the assumption that people act rationally when making financial decisions. Money and math require

Read More »
Investment Planning
Investing
Keri

Why It’s Never Too Late To Start Investment Planning

The older we get the faster life seems to move. In the blink of an eye, many of us go from starting at our first job to winding down for retirement, and everything in between. Keeping up with the pace of everyday life can be difficult. People often put projects on the back burner, such as

Read More »
Tax Form With Callculator And Glasses
Tax Planning
Keri

8 Reasons To Hire Someone To Help With Your Income Tax Planning

In 2015, there were over 100 pages providing instructions for Form 1040. If you’re unsure, Form 1040 is the simplest tax form. The time you take to read it while doing your income tax planning may double as you try to ensure you meet all the tax requirements. The alternative might be leaving yourself open to an

Read More »

Disclosure: This blog is not investment advice and should not be relied on for such advice or as a substitute for consultation with professional accounting, tax, legal or financial advisors. The observations of industry trends should not be read as recommendations for stocks or sectors.

Securities offered through M.S.Howells & Co. Member FINRA / SIPC. Advisory Services Offered through BDFS Capital, LLC, a Registered Investment Advisor. M.S. Howells & Co. and BDFS Capital, LLC are not affiliated. The registered representatives with Black Diamond Financial Solutions may only discuss securities or transact business with persons who are residents of DE, FL, MD, MI, NJ, PA . No information provided on this site is intended to constitute an offer to sell or a solicitation of an offer to buy shares of any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under securities laws of such jurisdiction.

Black Diamond Financial Services Logo Vector.svg
Book a FREE appointment with us.
1200px Riskalyze 768x256

See how prepared your portfolio is for a financial shock.