PLAN AHEAD: A little homework now will save a lot of grief later.
Estate planning is something many of us don't think about until it's too late.
It's a tough topic, but unless you put a legally binding plan in place, you could cause your loved ones unnecessary stress when you die or if you become incapacitated.
It will also make sure your hard-earned wealth and assets are divided how you intended.
In the new book Legacy: Taking care of the most important people in your life when you are no longer here (Publish Central, $29.95), estate planning lawyer Melisa Sloan provides a practical and easily written guide to getting your affairs in order.
It guides you through creating an estate plan and answers common questions.
You will learn how to find your own way to leave a legacy; appoint an executor of your will; make provision for your business, trust and other structures; and understand the different types of assets and make provision for them.
You'll also be shown how to document your wishes to your executor and loved ones; account for children with dependency issues or disabilities; navigate different ways to distribute inheritance to family; and to plan in the event you become incapacitated and can't care for yourself.
https://www.thesenior.com.au/story/7444161/win-legacy-a-book-to-help-you-plan-ahead/?cs=6764We have two copies of Legacy by Melisa Sloan to give away. To enter, write your name, address & phone number, on back of an envelope and send to: Legacy, The Senior, P.O. Box 130, Wyong, NSW, 2259.
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