6 Things To Know About Estate Planning

Retirement plans (401(k), 403b, Simple IRA, etc. are synonymous with retirement planning. Often when people are asked do you have a plan for retirement, they will respond with, “yes, I have a 401(k).” Today I want to move past the savings aspect of a retirement plan and touch on another facet of retirement planning called estate planning. Everyone knows they need to have money to retire, but what happens to your assets when you pass? What happens if you can’t make medical decisions for yourself or financial decisions? This is where estate planning comes in and allows you to make those decisions beforehand, while you are still able. The following items are a beginning point for estate plannin

Uncertainty

Most, if not all of us, have had that experience of traveling for a first time in an area that we are unfamiliar with – it often happens when we are on a vacation or on a business trip. While we are now blessed with Google Maps or some other source to guide us, we still have moments when we must make a decision and it can cause us to feel the angst of uncertainty. We feel more comfortable about making a decision when we know with certainty the outcome of our decisions – black or white, with no shades of gray to concern us. Knowing that taking a certain exit will lead us to our destination is a much easier decision to make than simply taking an exit and then hoping that the next road will

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