Estate Planning During Coronavirus Philadelphia, PA 

When the news first reported that COVID-19 first responders are writing wills and taking care of their estate planning needs, the collective heart of the nation ached. This is not the kind of planning that young, healthy adults are “meant” to do. However, their example provides an important reminder: none of us knows how much time we will have before our estate plans become urgently necessary. It is therefore important to take a little time to work with an attorney to tackle your estate planning during Coronavirus. Philadelphia, PA residents and residents of surrounding communities can connect with the experienced team at Klenk Law for safe, reliable, informed, and compassionate assistance with this process. Philadelphia, PA estate planning during coronavirus may be the last task you feel like tackling right now. However, it’s very important that you take steps to safeguard your interests and the interests of your family just in case

How to Begin Estate Planning During the Pandemic

If you already have an estate plan in place, it is time to review it. Are all of your beneficiary designations current? Have you acquired or sold any major assets since your last revision? Have your medical preferences changed in the event that you become incapacitated and/or need to be put on a ventilator? Do you need to designate any guardians for minor children? Our firm can help you to successfully update your estate plan according to your current needs and preferences.

If you’ve never created an estate plan before, begin preparing for your consultation with our firm by taking some notes. What are your major assets, including personal property, retirement accounts, and real estate? Who would you like to leave these assets to in the event of your death? If you become incapacitated as a result of injury or illness, what kind of medical procedures will you authorize and which will you refuse? Is there anyone you can trust to make medical, financial, business, and/or general decisions on your behalf in the event that you’re no longer able to make these decisions yourself? If you have minor children, who should assume guardianship over them in the event that you pass away? These questions are undeniably tough. Yet, giving them some thought before you begin estate planning will make the process that much more efficient and effective.  

Legal Assistance Is Available

If you have either never completed an estate plan or your current estate plan is in need of revisions, don’t hesitate to connect with our firm about Philadelphia, PA estate planning during coronavirus. Our approach is efficient, effective, and will help to safeguard your interests and your family’s interests during this challenging time and into the future. Although Philadelphia, Pennsylvania estate planning during coronavirus can be an intimidating process, our experienced team will make it as productive and “painless” as possible. We look forward to speaking with you about your estate planning needs.