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Gift Yourself Security for the 2020 Holidays

Yee Law Group Inc. > Gift Yourself Security for the 2020 Holidays

With the holiday season here, it has many of us thinking about our loved ones. The holidays often give us joyful and spirited feelings, especially as lights go up and decorations are hung around the house. However, with the numbers of COVID rising in California, you may be wondering whether it is safe to travel or have family get together to celebrate. Despite the facts and information we have received about COVID, there is usually a big question mark as to whether this virus is in someone’s system when they arrive for a holiday party.

What may give you some relief during a time of such unpredictability is getting tested routinely at a local testing site, along with reviewing your estate plan and updating wills, just in case. We don’t know when COVID will end for good, but at least we can prepare in the event that tragedy were to unfold. With most people having recently gotten together with family for Thanksgiving, it would not be an odd thought to consider updating your will. 

 

A Sense of Security Through Estate Planning

Perhaps this year more than ever before, people have been acutely aware about their own mortality. This may cause them to think about whether their affairs are in order and if their estate plan needs to be updated. Estate planning has become an increasingly urgent priority and many people have found that it reduces their anxiety to have a plan set if the unimaginable were to happen.

If you or someone you care about has felt the fragility of what it means to be human lately, then there is no harm in taking action where you can. We can do our best to be careful when interacting with others, but at the end of the day we cannot know for sure if the spread of COVID happened until someone comes up positive later on.

You may want to speak with an estate planning lawyer in the near future, who can help you start completing necessary paperwork, or assist with updating an outdated document. Here are other tasks that your estate planning lawyer can help you with:

 

  • Designate beneficiaries
  • Establish durable power of attorney
  • Implement legal documents including wills and trusts
  • Offer advice that would be in the best interest of you, your family, and assets
  • Answer questions as needed
  • Provide insight about state and federal laws related to estate planning
  • Ensure wishes are carried out by a trusted person
  • Help protect your loved ones and legacy for the future
  • Speak with close friends or relatives of those associated with the estate
  • Help prevent a costly and long probate process
  • Develop solutions such as how to reduce fees or taxes imposed on the estate
  • Handle retirement plans, charitable contributions, life insurance plans, etc. 

 

Don’t hesitate to begin establishing or updating your estate plan as a way to help protect the legacy of you and your family this holiday season. A reputable estate planning lawyer from a law firm near Sacramento can offer the support you need.

Contact Yee Law Group today to discuss your options.

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