Category: Estate Planning



The Importance of Planning for Young Families

Posted on: March 13th, 2012
Many folks have the misconception that legacy planning is only for the wealthy, or for the elderly.  Young families often overlook the importance of planning in the event of a parent’s incapacitation or death. Although tragedy cannot be prevented, careful planning can ensure peace of mind with regard to the care of their children.
 
In this very touching video, fellow WealthCounsel member Art Swerdloff shares a story of a young family who did place value on implementing a solid plan.  At the passing of a young mother, her husband was able to pick up the pieces and provide the care his daughters needed at their tender age.
 
As Art says in the video, "the inevitable does happen, and when devastation hits, there is nothing like having the perfect plan in place."  This story is a heart-wrenching illustration of the importance of estate planning, especially for young families.
 
 
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