5 Tips for Planning Your Estate

5 Tips for Planning Your Estate Estate planning helps secure a future for your descendants and ensures you leave your loved ones with an enjoyable quality of life. But, how do you do it? We're here to help. Do you have children? If so, you need to decide who will take custody of your children. You don't want the court system deciding your child's future, do you? 01 You should disclose ALL descendants to your estate-planning lawyer. Why? You don't want long-lost relatives or “secret families" to step into your estate plan. (02) We know you don't want to talk about it, but others will need to know-when should doctors (03 pull the plug? Giving a clear answer helps your family members during a difficult time. Be sure to have a list of your passwords and usernames, especially if you have an onliņe presence. The digital wealth of a photographer or journalist can play into the estate. 04 (05 You need to tell your estate lawyer about any serious health issues. Why? When real estate lawyers plan what's best for you, they take into account the number of years remaining Life expectancy impacts their work.