In your 40s and 50s, you enter your peak earning years. As you grow your assets and begin to think about what you may need for retirement, it’s important to create a plan that is going to help you protect those assets. It’s important to consider potential estate taxes and how you want your assets distributed. It’s also a good time to decide who you want to make medical and financial decisions if you are ever legally incapacitated and unable to make those decisions for yourself.
Also, around this time in your life, there tend to be a lot of family changes taking place. Children may be going off to college or getting married, for example. This is an important time to create an estate plan if you don’t already have one. If you do have one, this is a good time to revisit it to make sure it is still working for you.
Let us help you create a plan that will work for you and your situation. Contact us to schedule a complimentary consultation.