Estate Planning Case Study: Securing the Future for Sarah and Elizabeth
Sarah and Elizabeth are a devoted couple who share a home and have been together for many years. Although they are not married, they are joint owners of their house. Their estate planning journey began when they realized that their existing will no longer reflected their wishes. In addition to updating their wills, they also sought guidance on financial matters, power of attorney (PoA), and healthcare proxy (HCP) considerations. Sarah and Elizabeth had specific shares in mind for their assets, including their home, and were in the process of finalizing details regarding the distribution of personal items such as jewelry.
We suggested the possibility of a trust, but the couple expressed concerns about the associated costs. Additionally, Elizabeth was apprehensive about her brother taking on the role of personal representative (PR) if she were to pass away before Sarah, as she feared it might not align with Sarah's comfort and wishes.
Estate Planning Solutions
Through open communication and a personalized approach, we successfully updated Sarah and Elizabeth's estate plan to reflect their current wishes and needs. They were able to confidently navigate the complexities of estate planning, secure their assets, and address concerns about PR appointment. The couple now has a comprehensive estate plan in place that not only safeguards their future but also provides clarity and assurance during life's uncertainties.
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We provide comprehensive estate planning services tailored to your unique needs, from updating wills and trusts to securing financial power of attorney and healthcare proxy documents. Our goal is to safeguard your future, just like we did for Sarah and Elizabeth. You can use the button below to schedule a call back from a member of our team, or give us a call at 781-784-2322.