Basic Concepts and Tips for a Complete Plan
Estate planning is a term that has changed dramatically over the years. At one time, it meant having a will that would go through probate and, if a person was married, titling property jointly with a spouse. It conjured up visions of death and of wealthy families gathered in attorneys’ wood-paneled offices listening to wills being read.
Changes in the laws and changing views of finance, lifestyle, privacy, nontraditional families, and longevity of life have made estate planning far more compelling for a larger group of people than ever before. Estate planning is one of the most important steps any person can take to make sure that their final property and health care wishes are honored, and that loved ones are provided for in their absence. It’s important to have a basic estate plan in place regardless of your net worth.
REQUIRED DISCLOSURES: Past performance is no guarantee of future results. Investments in securities are not FDIC insured, and may lose value. Please consult a current prospectus prior to investing in mutual fund shares. All information contained herein gathered from sources deemed to be reliable. For more complete information, please see your official statement. The views are those of Lyn Adams and should not be construed as investment advice. All economic and performance data is historical and not indicative of future results. Investors cannot invest directly in an index.