COVID-19 - Estate and Asset Protection Plans Become Important

COVID-19 Fears Prompt Greater Need For Asset and Estate Protection Plans and Getting Legal Documents Created and Filed

family 1599826 1280 e1587397330205 - COVID-19 Fears Prompt Greater Need For Asset and Estate Protection Plans and Getting Legal Documents Created and Filed

We are in the midst of a global pandemic.

COVID-19 is spreading like wildfire around the globe and throughout the U.S., striking down people of every age. Consequently, there has never been a greater reminder of how important it is to consider your estate and asset protection plans. Now is a good time to get your affairs in order as soon as possible.

You simply never know what will happen. Getting important legal documents in order for seniors – and everyone really – during this historic pandemic can provide peace of mind. And of course, even a little peace of mind is important when any sense of peace is in short supply. However, the greatest sense of peace will come when this is all behind us and you will have accomplished the goal that you had been putting off.

Why think about your estate and asset protection plans right now?

No one knows how long shelter-in-place orders will be in effect. No one knows if they have the COVID-19 virus until they start having symptoms. There are so many more things we don’t know about this virus than we do know. We do know that getting it doesn’t mean a death sentence in every circumstance. In fact, far more people have survived it than have died. But that is little comfort when you consider the numbers.

An asset and estate protection plan is one thing you CAN do now to protect your family.

If your health is compromised in any way, you may be at greater risk. While this certainly shouldn’t make you fearful, it will make you feel better to ensure your affairs are in order. This includes getting the necessary legal papers for “end of life” – such as a will, trust, or even living will – drawn up to ensure your assets are assigned to those you love. On the other hand, without proper asset protection and estate legal documents in place, you could find those assets tied up in probate.

If you would like to get legal documents in place quickly, we are set up for holding virtual meetings to handle all your estate planning and asset protection needs.

We can help you determine the most appropriate documents you’ll need for your specific situation. You really must get out ahead of this virus. Give us a call today.

In the meantime, please stay well, stay safe, stay home and practice social distancing if you must go out.