More than half of the American Adults lack basic Estate Planning documents according to AARP.
You may hear the word “estate” and think mansions and sprawling grounds; but you don’t have to be wealthy to have an estate.
An estate consists of all the property a person owns, including real estate, cars, cash, and other assets. Anyone who wants their assets to be transferred to one or more surviving loved ones after they pass away should consider establishing a formal estate plan.
An estate plan is a collection of documents that protects your assets and personal property (your “estate”) and explains how you want them to be disbursed after you are gone. It documents your wishes and specifies exactly who will guard those wishes and act on them in your absence.
Everyone should have an estate plan. If you don’t currently have a plan, you can benefit from learning about the process now. If you already have a plan, this will be an opportunity to review the process and make sure that your plan is up to date and not in need of any changes.
Lindsey will be joined by attorney Jerrica Pierson-Seeger of Regeimbal, McDonald & Young, PLLC as they discuss the critical functions of an Estate Plan.
Investment advisor representative and registered representative of, and securities and investment advisory services offered through Voya Financial Advisors, Inc. (member SIPC)
McKay Wealth Management is not a subsidiary of nor controlled by Voya Financial Advisors
Jerrica Pierson Seeger of Regeimbal, McDonald & Young, PLLC are not affiliated with Voya Financial Advisors