Why Do I Need an Estate Plan?
Most Popular
•
2m 9s
There are medical and financial responsibilities we must plan to take care of in the event we become mentally or physically incapacitated, or after our death.
If we pass away without a will, state laws govern how our estate is dispersed—this is called intestate probate. Without an estate plan, our family members, the courts, and local state statutes determine what happens to our assets after death.
If we’d like to have control over who manages our estate and where our assets go, it’s best to prepare an estate plan. Creating an estate plan also allows us to nominate guardians for minor children or a spouse, sibling, or another family member unable to care for themselves. Without a plan, someone must apply to the courts to become a guardian.
“The probate process can be arduous. You want to make sure to have these things laid out ahead of time as much as possible to make it easy on your family.”
The more instructions we can prepare ahead of time, the easier the legal process is for our loved ones.
Up Next in Most Popular
-
Human Dignity and a Pro Life Ethos Ra...
The vision of the dignity of the human person, created in the image and likeness of God, is revealed to us throughout Sacred Scripture. Colin MacIver shows us this vision throughout Scripture, explaining the foundation of the Church's pro-life identity.
-
Dios nos llama a orar
En el ejemplo de San Pablo, vemos a un hombre cuya vida fue transformada radical y permanentemente por un encuentro con la Persona de Jesucristo. Todos los cristianos tienen la oportunidad del mismo encuentro, cuando abrimos nuestros corazones para recibir a Dios en oración. En esta sesión, habla...
-
The Sanctuary Course para Católicos ...
Cristo nos ha llamado a dar nuestras vidas por los demás. ¿De qué manera debemos interpretar este llamado a la luz de la indiscutible necesidad de cuidar de nosotros mismos? En esta grabación conocerás a Katrina, quien vive con trastorno bipolar tipo 2. Ella nos comparte sobre el importante rol d...