Is Estate Planning On Your New Year's Resolution List?

Each new year, we make New Year’s resolutions. Maybe your resolution is to get healthy this year, lose those extra few pounds, start saving for that vacation you want to take, or maybe your resolution is to start planning for your future. One way that you can start planning for your future is by setting up your estate plan. Estate planning for some can be overwhelming, but at O’Donnell Law Center we try to make it as easy as possible for you. A life-changing crisis can happen at any time, so it’s important to have your affairs in order.

What Is Estate Planning?

Estate planning is the process of creating a plan which details how your assets will be managed and distributed once you have passed. No matter how big or how small your estate is, everyone should have an estate plan.
According to Forbes, 51% of Americans ages 55-64 do not have wills.

Estate Planning Made Easy

At our Lake of the Ozarks law firm, we dedicate a significant portion of our practice to estate planning. Here is a quick overview of how we handle estate planning at O’Donnell Law Center.

Step 1 – Initial Meeting
The first step is to meet with you to discuss your end-of-life wishes. We ask you various questions and guide you through certain topics to help you decide how and to whom you would like your assets to be distributed to upon your passing. There are many things to consider during this meeting, because of this, it is often the most time-intensive.

Step 2 – Review Period
After our initial meeting, our team will put together the documents that make up your customized estate plan. We will then enter into a review period, where we finalize documents and carefully answer any questions you might have. We take time to make sure that you fully understand what each of your documents say and mean so that you are comfortable with the contents of each.

Step 3 – Signing Ceremony
During the last step, we conduct a signing ceremony to complete the process. The signing ceremony takes place in a private environment with two witnesses and a notary. When you leave our center, you will have your original documents in hand. For your ease of access, we offer to send you electronic copies as well.

At O’Donnell Law Center, we understand that discussing end-of-life decisions can be a delicate and sensitive matter. Our goal is to provide a safe, private environment to have these sometimes-challenging conversations. If setting up your estate plan is on your New Year’s resolutions list, O’Donnell Law Center is here to help. 

We Carry Your Burden ~ You Carry On With Life.

Disclaimer: No attorney-client relationship is created by the publication of this blog.

The choice of a lawyer is an important decision and should not be based solely on advertising.

Phone: (573) 552-0317

O'Donnell Law Center, LLC
1026 Palisades Blvd. Suite 3

Osage Beach, MO  65065


Popular posts from this blog

Estate Planning While Under Quarantine

Get To Know the O’Donnell Law Center Staff

Upcoming Events You Won’t Want to Miss