By: James L. Hyer, Esq.
“Estate planning is an important and everlasting gift you can give your family.”
One of the most important decisions that individuals must make is how their affairs will be handled in the event they become incapacitated during life and how their estate will be distributed following their death. For individuals who are their family’s primary source of income, a lack of proper estate planning can financially devastate loved ones following their death. According to Lexis Nexis, approximately 55% of American adults do not have a Will or other estate plan in place despite the unquestionable importance of preparing an estate plan. When preparing a Last Will and Testament, there are 7 major items to consider: Continue reading