Estate Planning Advice for Parents near Auburn

estate planning advice auburnDo you have children in Auburn? Have you and your partner discussed what may happen if the two of you suddenly pass away? This circumstance can be hard to imagine, but seeking good estate planning advice can ensure your children are cared for. There are several things a law firm can do for your family now to secure their future. The following measures are recommended and will provide peace of mind.

Will

One of the first things you and your partner should do is to establish wills. Even if you don’t have many assets, an estate planning lawyer can help you name guardians for your children. Without a will to guide the decision, a judge will assign someone he or she thinks is suitable. This is the best way to express your wishes.

Life Insurance

It’s also important to purchase a life insurance plan. Your estate planning attorney can provide specific advice, but it’s usually a good idea to name your children as the primary beneficiaries and preferred guardians as secondary beneficiaries. Law firms don’t sell insurance policies, but they can sometimes recommend a good family plan to consider.

Retirement 

Your estate planning attorney can also help you establish beneficiaries for your retirement accounts. Naming your children as the recipients will ensure the funds are dispersed without probate.

Seeking Seasoned Estate Planning Advice near Auburn?

Do you want to speak with a professional about estate planning near Auburn? The legal team at Jeffrey S. Floyd & Associates, PLLC in Kent regularly provides assistance to Auburn residents. We’ll review your situation and help you determine the best course of action. With years of experience, we have the knowledge and skills to answer all your questions. In addition to estate planning, our lawyers can assist with personal injury and family law. Contact us to schedule a consultation.

Experienced Estate Planning Advice for Auburn

Serving South King & Pierce Counties, including Kent, Auburn, Federal Way, Puyallup, Des Moines, Covington, Tacoma and Bonney Lake


Posted on September 7, 2020 | Published by Ignite Local | Related Local Business