Wills & Estate Planning

Do you have a Will & Estate Plan in Place?

Download Seminar Agenda

Join us at this month’s free seminar and learn from an expert how you can put your mind at ease. When the unimaginable, unpredictable, or unbelievable happens, it’s a good idea to have a Will & Estate Plan in place. 

An unexpected circumstance doesn’t have to be a tragic event. It can be an amazing event too, like a new addition to the family or getting a new job. We’ve put together a list of life-changing events that could signal it’s time to create or revisit a Will & Estate Plan:

  • The birth of a child
  • Moving across state lines
  • Divorce
  • Marriage
  • A new or different financial situation (winning the lottery, inheritance, etc)
  • Purchasing property

When one of these events occurs it’s a good idea to create a Will & Estate Plan if you don’t already have one or review your current plan. This will allow you to include or exclude new additions or subtractions to the family, or reevaluate the plan you have to make sure everything is still set up the way you want it. 

It’s also important because when someone passes away, it is often assumed that without a Will, all assets will go to the spouse, which is not always true. The law varies by state and if you aren’t prepared, your assets may not be handled in the way you wish. 

Another important aspect of the Will & Estate Plan is the Power of Attorney. You may want to appoint someone to be in charge of your finances and your healthcare in the event you are not able to make those decisions for yourself. 

The good new is, the unpredictable doesn’t have to be scary. You owe it to yourself, and more importantly, to your loved ones, to educate yourself on how to set up a Will & Estate Plan. Cove Federal Credit Union is hosting a free seminar on Will & Estate Planning on May 24, 2018, to talk about how to put your wishes in motion. Click here to register.