Estate Planning Information
Estate planning is the process of planning and preparing for your incapacity and/or death.
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Estate planning is one of the most important steps any person can take to make sure that their property and health care wishes are known and honored, and that loved ones are provided for in their absence.
All too often, we hear:
- “I’m too young to do estate planning.”
- “All my property is titled in joint tenancy with my spouse so I don’t need a will.”
- “Estate planning is only for the super-rich.”
- “Estate planning is too complicated and expensive.”
- “Doesn’t the government provide for that?”
- “We did our wills right after we got married 30 years ago and see no need for further planning.”
Many people are under the misguided belief that the default law will take care of things in a satisfactory manner; however, that is typically not the case. It is important that individuals meet with estate planning professionals so that they understand their options and so as to be sure that their desires and intentions are properly effectuated.
The Magic Valley Estate Planning website provides a list of local estate planning professionals categorized by each of the six estate planning disciplines (accounting, financial planning, insurance, law, planned giving, and trust services).
Additionally, individuals can search for holders of an Accredited Estate Planner® (AEP®) or Estate Planning Law Specialist (EPLS) designation by searching the National Association of Estate Planners & Councils websites: http://www.naepc.org/designations/estate-planners/search#spec/AEP