Thanksgiving is a time for giving thanks and for community with family and friends.
While this year may have been a difficult year for some of us, there is still much for which we can be grateful. As we gather around the Thanksgiving table with our loved ones, let’s be grateful for the food on our table and the companionship of our loved ones around us. We give thanks for the many blessings we have.
Thanksgiving is a good time to thank those whom you’ve asked to play a role in your estate plan. Many trusted people play a role in your estate plan. A typical estate plan has successor trustees who carry out your wishes expressed in your trust when you’re unable to act as trustee. In a typical plan, you’d have agents who would make decisions for you under a Financial Power of Attorney when you’re unable to make your own financial decisions. You’d have agents who’d make decisions for you under a Healthcare Power of Attorney when you’re unable to make those decisions yourself. Finally, you’d have personal representatives who’d make sure the wishes expressed in your Will are carried out and Guardians whom you’ve nominated to care for any minor children.
While you can have a wonderful estate plan, it takes the people whom you’ve trusted to play a part in your plan to carry out the wishes you’ve expressed in your plan. Thanksgiving is a great time to remind them of the role they’ve agreed to play and to thank them for playing such an important and trusted role in your life.
Thanksgiving is a special time of the year. We stop and reflect on our lives and the people in it who bring our life meaning. While this year has brought hardships to many, it also shows us just how precious our loved ones are. Be sure to thank your loved ones for being a special part of your life.
Morrison Law Group, PLC has devoted its practice to estate planning and elder law matters for more than 18 years and has been a Member of the American Academy of Estate Planning Attorneys since 2017. The firm has helped thousands of clients meet their estate planning goals and pass on lasting legacies to their loved ones. To learn more about how you can achieve your estate planning goals, please call (504) 831-2348 or visit our website at www.morrisonlawplc.com.
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