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A mom’s guide to estate planning

On Behalf of | Mar 10, 2023 | Probate & Estate Planning |

Although it’s nobody’s favorite subject, your estate plan should not be ignored if you’re a mother in Pennsylvania. As difficult as it may be, you want to provide for your children, particularly if they are still minors or have special needs.

Consider what will happen to your loved ones

Ask yourself what it would be like for your children if you were suddenly out of the picture or if you were to contract a severe illness. Think about how much harder things would be for your children and surviving spouse if they don’t know your final wishes. A lack of certainty can make things even more difficult for them at the worst possible moment.

You can put your mind at ease if you know that you’ve done everything you can to prepare your estate plan. It’s a way to help give you peace of mind that the ones you love the most will be cared for even if you’re not around.

What’s an estate plan and why do all mothers need one?

To start with the very basics, an estate is defined as all the property and money that someone owns, less the debt they owe. The term particularly applies after the individual has passed away.

Estate planning is the process you go through to make arrangements for your assets. This is also when you decide whose job it will be to take on your responsibilities if you pass away or contract a serious illness.

An estate plan can work to the benefit of your children who are still minors or who have special needs. These are the ones who will be the most vulnerable once you’re not there to provide for them. The plan might also include a trust to provide for them after they are 18.

You might be surprised at how nice it will feel to have your estate planning taken care of by a competent and experienced attorney. You will have peace of mind knowing that your loved ones will be cared for and will have one less thing to worry about. Contact a Pennsylvania estate planning attorney today.