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.

The post COVID-19 Fears Prompt Greater Need For Asset and Estate Protection Plans and Getting Legal Documents Created and Filed appeared first on Felinton Elder Law and Estate Planning Centers.

If anyone saw this global pandemic coming and didn’t alert the troops, well, shame on them! Things are changing on a daily basis. While the world is adjusting to previously unheard-of restrictions, everyone is trying to make sense of how to behave in the face of this invisible terrorist.

Why Get Your Affairs In Order? The Senior Population Is At Greatest Risk

The mortality rate is high for people 60+ and, it’s even a greater threat if your health is already compromised. So, whether you are in this highly vulnerable group or not, if you’ve been inspired into taking action to get your affairs in order during whatever down time you may be experiencing, I can’t say that’s a bad thing. In fact, it seems like a great motivator to get something important accomplished.

Don’t Hesitate

If you have even the slightest thought that you would like to get your end of life wishes down in writing so that your loved ones will know how to proceed in the event of your death, be it timely or untimely, do not procrastinate a moment longer. If you don’t have legal directives, your loved ones are the ones who will suffer.

Amid A Volatile Stock Market And A Global Pandemic Positive Action Can Help

This is a great time to establish an estate and asset protection plan. Given that we are not sure how this is going to play out, with the volatility of the stock market and the rapid spread of the coronavirus taking positive action in at least one direction might be just the distraction you need.

Technology Helps Social Distancing

With technology at our fingertips, you can exercise social distancing and get your important documents drawn up. I can help you establish your estate and asset protection plan from a distance. We can begin with a phone call and schedule face-to-face meetings via zoom or facetime as needed. We can email documents back and forth. And, today there are now remote online notary services available. So, this may be a blessing-in-disguise for anyone who has been putting off establishing an estate and asset protection plan.

Review Current Plans And Wills

If you would like to review your current will, estate or asset protection plan or create plans for the first time, this is a great time to take action.

If you would like to find out how to begin, give me a call. We can discuss your situation and determine the best way to proceed. I don’t always think that fear is the best motivator, but for some people and in some circumstances it seems to be required.

I pray that everyone stays safe and follows the directives set forth by the World Health Organization (WHO), the Centers for Disease Control (CDC) and your local governing agencies.

The post We Didn’t See This Coming appeared first on Felinton Elder Law and Estate Planning Centers.