Today’s post comes from guest author Rod Rehm, from Rehm, Bennett & Moore.
Occasionally I write about topics that I think are of use to readers of the firm’s blog. Today’s focus is on a blog post that lawyer Andrew Hoffman wrote about preparing for the unexpected by writing a will.
The blog post was written to promote a new start in 2015 by reflecting on the importance of estate planning. Although estate planning is not a topic that many folks enjoy discussing, I wanted to encourage you to read this blog post from Krotter Hoffman PC, LLO, a law firm in northeast Nebraska. One of the best quotes in the blog post is this one: “The people that can least afford a will (they think), are actually the same people that need it the most – parents of young children.”
Please make the time for a will, even if you don’t think you have much to pass on to loved ones. Because, as Mr. Hoffman goes on to explain, if a person doesn’t have a will, then a judge will decide who takes care of your minor children. And whatever assets you have will also go to those minor children the moment each turns 19, regardless of their ability to manage those funds, which may include life insurance proceeds.
This information is also helpful to workers’ compensation clients or anyone who has received a lump sum settlement to plan for what happens to that money if something happens to you. Please follow up with an attorney to write your will, be safe, and take care.
Here’s a link to the original blog post:
http://www.krotterhoffman.com/#!A-New-Years-Resolution-Worth-Keeping/cutx/DC0CE14C-2B60-4E65-80F6-82C6560E60F5 titled: A New Year’s Resolution Worth Keeping.