ESTATE PLANNING

It's not uncommon for people to think that estate planning isn't of the essence. They think it can wait until they're older or until they own more property. However, the fact of the matter is that it's never too early to get your own affairs in order. After all, you can't take your belongings and other interests with you when you die. You want to make sure that what you leave behind is divided properly — and by properly, we mean according to your final wishes.

One of the most efficient ways to do this is to create a will. This will make sure that your friends, family members, and other beneficiaries get what you want to give them based on the instructions you create. If there isn't a will, then the state will determine who gets what in probate court.

I OWN A CAR, BUT NOT A HOUSE OR LAND. DO I NEED ESTATE PLANNING SERVICE?

Yes, you do. Estate planning doesn't just involve land or homes. It involves anything you own. This includes, but isn't limited to:

• cars

• boats

• checking/savings accounts

• investments

• life insurance

• personal possessions

• furniture

OKAY, GREAT. HOW DO I GET STARTED?

As stated earlier, one of the most efficient ways to ensure what you leave behind is divided according to your wishes is to create a will. To do so, you must be at least 18 years old and of sound mind. There are four different types of wills: living, joint, simple, and testamentary trust. Attorney Thomas Sacerich can help you decide which one is right for you and can assist with creating a will that abides by Ohio's state standards so that it's valid. Contact him to schedule a consultation. In the meantime, consider these questions:

1. What items do you need to list in your will?

2. What are your core values? Think about things like religious beliefs, education, and charitable causes.

3. How do you want to be cared for if you become disabled and can no longer to care for yourself before you die?

4. If you have minor children, who do you want to care for them?

5. Are there any family members who need special instructions due to receiving government assistance, being irresponsible with money, or other concerns?

6. If you're a business owner, who will ownership be transferred to?

While this may be difficult to think about, it's necessary. Death isn't an “if”; it's a “when.” One of the best things you can do for your family, friends, and other beneficiaries is make sure you've done your part — even if it is tough to sift through.