Rockville, Maryland – When Should You Begin Estate Planning?

Posted on: March 15th, 2010 by

Estate Planning - Rockville CPARockville, Maryland – Contrary to popular belief, estate planning is not just for the elderly; it’s a necessity for people of all ages, especially those with children.  Not only do you need to determine who will care for your children in the event that you are unable, the people you choose must be willing to do so, and it must all be well documented in writing.  Once this decision is made, you can start thinking about your property and your possessions.

An estate plan is a living document that will grow in volume as you and your family advance in life.  Just as your financial planner in Rockville encourages you to revise your financial plan on an annual basis, your estate plan should be reviewed and revised as needed.  There are a number of basic steps for a solid estate plan, but are by no means inclusive of the entire process.  Each step your chosen estate planner in Rockville goes over with you is important to address at each of the different stages throughout your life.



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