Most people think of an estate plan as just preparing a will and designating where your assets go upon your death. Broader than that, estate planning is actually the process of taking inventory of your assets and determining how to dispose of them for the remainder of your life as well as upon your death. This blog is the third in a series of five blogs discussing five basic types of elder benefits in West Virginia. The first two blogs covered employee retirement benefits and Social Security retirement benefits. This blog turns to why you should discuss Social Security disability benefits with your West Virginia estate planning lawyer.
Many consider a key component for retirement planning to be including Social Security in your estate plan, but navigating this federal benefit program can be challenging. This blog covers the basics of this federal government retirement benefit in one of a five-piece overview of benefits for seniors. The first blog covered how to identify and incorporate employment benefits into your estate plan. Here, the focus is on Social Security and estate planning, specifically how Social Security benefits fit into your overall retirement plan.
Estate planning is one of the most valuable steps you can take to ensure your health care wishes are respected and your family is provided for in your absence. However, the thought of meeting with an estate planning attorney can be overwhelming. An estate planning intake form is designed to prepare you and help alleviate the stress associated with that first meeting.