I'm Not Wealthy. Do I Need an Estate Plan? - Promise Law

Estate Plan for the Not Wealthy

I’m Not Wealthy. Do I Need an Estate Plan?

If your question isn’t answered below, please give us a call at 757-690-2470 or contact us online. We’re here to help with everything you need for everything that matters.

How do you know what your estate plan should be? That takes coming in and having a conversation. Sometimes people will ask if they can just give the names of people in their family, but that’s only one piece of information. We need to understand what your wishes are, whether you want the controls that can be added over the assets that you are passing. We can’t know that without a conversation with you.

An estate plan prevents wasting whatever assets you do have on court petitions for adult guardianship at your incapacity and minimizes expense and delay in handling your affairs at your passing. A well-thought-out estate plan gives clear direction to your loved ones and reduces their burdens during those already difficult times.