“Every individual owns an estate, no matter how large or obscure it might be. What most young people fail to understand is that preparing an estate plan early on helps to lay a secure foundation for their family’s future. Why? Because you’re providing for them and ensuring your legacy will live on when you’re no longer around.

Why Do Young Families Need Estate Planning?

We live a competitive world, where one needs to constantly work hard to make ends meet, especially for a family that’s just starting out on their journey together. You wouldn’t want your loved ones to face hurdles in case something happens to you, would you?

Estate planning safeguards your loved ones, and helps you establish a concrete strategy that’s in perfect sync with your family’s current financial situation as well as future requirements.”

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Source Credit:  http://www.blossomwm.com/a-basic-guide-to-estate-planning-for-young-families/

 

Estate Planning Practice

Estate planning is concerned with the use, conservation and disposition of a person’s property and wealth. The Marsalese Law Group offers expert advice in the areas of estate planning and trust administration. Our estate planning experience is sought by closely held businesses, families and individuals. Entrepreneurs frequently retain our services to coordinate personal, business and estate planning and deal with financial issues in ways that benefit both the family and the business.

The Marsalese Law Group has an active and sophisticated trusts and estates expertise in the handling of all types of estate planning matters, with emphasis on last wills and testaments, revocable and irrevocable trusts, life insurance trusts, special needs trusts, qualified personal residence trusts, family limited partnerships, durable powers of attorney, advance medical directives, and other related estate planning documents.

The Marsalese Law Group also advises clients on other common planning matters include lifetime gift programs, charitable split interest trusts, off-shore trusts, private foundations, grantor retained annuity trusts, generation-skipping transfer tax planning, and life insurance planning, including irrevocable life insurance trusts and split dollar arrangements.

For more on Estate Planning by Marsalese Law Group, click HERE

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