Legal Spring Cleaning
As the snow melts and the temperature steadily rises, the urge to clean house is eminent. As you stock up on cleaning products and make a to-do list, don’t forget to review your legal documents. Getting your paperwork in order may be the most productive thing you can do for yourself and your family all year. By making sure you have all your ducks in a row, you can help ensure your family is prepared and protected in case of an emergency.
Questions to add to your to-do list:
- Do I know where all my legal paperwork is stored?
- Do I know where my parents or elderly family members’ paperwork is stored?
- Is my will up-to-date?
- Have I updated the beneficiaries on my legal documents, insurance policies, etc?
- Do my parents have a funeral plan in place, and if so what are the details?
After you dust off your legal documents, contact the estate planning attorneys at Peck Ritchey, LLC for a complementary consultation at 312-200-0900. Our team can guide you through updating your legal paperwork and assist your family members who may need to consider Powers of Attorney or a trust.
Be aware that as of January 1, 2013 there were major changes in estate tax law. If you are not aware of these tax changes it’s imperative that you speak with an estate planning attorney. Not only will getting your estate plan in order give you piece of mind, but it will also help prevent conflict in the future.